Grants and Contributions:
Title:
Commercialization of digital asset optimization software for operation and management of distributed energy resources
Agreement Number:
1003382
Agreement Value:
$900,000.00
Agreement Date:
Nov 1, 2022 - Nov 30, 2024
Description:
Digital asset optimization software for the operation and management of Distributed Energy Resource (DER). Arcus will develop a new carbon cost tracking module, which will be used to economically optimize DERs based on market and operating conditions through a digital connection to electrical grid systems.
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:
Calgary, Alberta, CA T2P 3C5
Reference Number:
172-2022-2023-Q4-1003382
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
728525890
Recipient Type:
For-profit organization
Additional Information:
This agreement has been amended 1 time(s). The total amended value is 150,000 dollars.
Amendment Date
Aug 20, 2024
Recipient's Operating Name:
Arcus Power Corp
Recipient's Legal Name:
Arcus Power Corp.
Federal Riding Name:
Calgary Centre
Federal Riding Number:
48004
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:
22112
Amendments: