Grants and Contributions:
Title:
Energy Foundation Model (EFM) Development
Agreement Number:
1032217
Agreement Value:
$150,000.00
Agreement Date:
May 12, 2025 - May 31, 2026
Description:
This project focuses on significantly enhancing the predictive accuracy and optimization capabilities of the firm's proprietary Energy Foundation Model. By leveraging advanced machine learning techniques and reinforcement learning algorithms, the project aims to optimize energy procurement and storage strategies, reduce operational costs for industrial and commercial clients, and support the widespread adoption of sustainable energy solutions.
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:
Vancouver, British Columbia, CA V5Z 1C6
Reference Number:
172-2025-2026-Q1-1032217
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
703580613
Recipient Type:
For-profit organization
Recipient's Legal Name:
Soma Energy, Inc.
Federal Riding Name:
Vancouver Granville
Federal Riding Number:
59036
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:
2211