Grants and Contributions:
Title:
Large Timeseries Model (LTM) Rollout
Agreement Number:
1019731
Agreement Value:
$75,000.00
Agreement Date:
Apr 1, 2024 - Nov 25, 2024
Description:
This project aims to provide highly accurate forecasts for nodal electricity prices across over 5,000 generators in North America, enhancing the accuracy, coverage, and reliability of price predictions for day-ahead, real-time, and ancillary services. It includes innovative machine learning models, robust monitoring systems, and user-friendly access via APIs and a web application. The goal is to exceed traditional forecasting methods, ensuring significant improvements in price prediction accuracy and system uptime for efficient energy management and operational optimization.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Toronto, Ontario, CA M5T 2C2
Reference Number:
172-2024-2025-Q1-1019731
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
769857871
Recipient Type:
For-profit organization
Recipient's Operating Name:
Enertel AI
Recipient's Legal Name:
Enertel AI Corporation
Federal Riding Name:
Spadina--Fort York
Federal Riding Number:
35101
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
511211