Grants and Contributions:
Title:
Development of a User Portal for Source and Load Management
Agreement Number:
1030298
Agreement Value:
$29,999.00
Agreement Date:
May 5, 2025 - Dec 5, 2025
Description:
This project develops a portal for owners of energy resources, such as solar, electric vehicles, and batteries, to participate in initiatives to support the electricity grid in return for financial incentives. An example is during peak times, when the grid is experiencing high demand and resorts to using expensive fossil-fuel based "peaking generators", this portal would allow for thousands of energy resources to offset that demand. Specifically, this user portal will allow the owners of the energy resources to set preferences for the energy use (leaving enough charge on the electric vehicle or battery), and receive incentives for their participation.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Location:
Fredericton, New Brunswick, CA E3C 0P4
Reference Number:
172-2025-2026-Q1-1030298
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
817039563
Recipient Type:
For-profit organization
Recipient's Operating Name:
Hero Engineering Inc.
Recipient's Legal Name:
9335277 Canada Inc.
Federal Riding Name:
Fredericton
Federal Riding Number:
13003
Program:
Industrial Research Assistance Program – Youth Employment Program
Program Purpose:
The purpose of IRAP’s Youth Employment Program is to assist in increasing the supply of highly qualified people, promoting the benefits of advanced studies, demonstrating federal leadership by investing in the skills required to meet the needs of the knowledge economy and facilitating the transition of highly skilled young people to a rapidly changing labour market.
Coverage:
IRAP Youth Employment Program projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
336320