Title:
AI Assist: AI Pilot Project for Battery Storage Operations
Agreement Number:
1025515
Agreement Value:
$75,000.00
Agreement Date:
Dec 1, 2024 - Mar 31, 2025
Description:
Enertel Optimization Agents focuses on developing advanced optimization agents for power traders, leveraging market price forecasts to deliver precise price-quantity pairings to enhance financial performance. These agents aim to improve trading outcomes by outperforming naive benchmarks, with specific enhancements for battery dispatch and other assets. Key goals include ensuring reliability with daily and hourly operations, financial outperformance through adaptable algorithms, and providing comprehensive backtesting tools for transparency and decision analysis. The system will support traders and analysts in making informed, data-driven decisions for battery dispatch, valuation and siting.
Organization:
National Research Council Canada
Expected Results:
The NRC Artificial Intelligence (AI) Assist Program aims to equip and support SMEs to incorporate AI into their core products and services and/or undertake scientific research, product development, testing, and validation. AI Assist aims to increase the number, the quality, and the competitiveness of Generative AI (Gen AI), Deep Neural Nets (DNN), and Deep Learning (DL) products created and delivered by SMEs
Location:
Toronto, Ontario, CA M5T 2C2
Reference Number:
172-2024-2025-Q3-1025515
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 – AI Assist
Program Purpose:
The NRC Artificial Intelligence (AI) Assist Program aims to equip and support SMEs to incorporate AI into their core products and services and/or undertake scientific research, product development, testing, and validation. AI Assist aims to increase the number, the quality, and the competitiveness of Generative AI (Gen AI), Deep Neural Nets (DNN), and Deep Learning (DL) products created and delivered by SMEs.
Coverage:
The AI Assist program is designed to help innovative SMEs navigate the challenges of developing and adapting generative AI (GenAI) and deep learning (DL) solutions and to assist SMEs with awareness, planning and execution in order to develop these technologies safely and ethically