Grants and Contributions:
Title:
BUILDING AND OPERATIONALIZING A VIRTUAL POWER PLANT
Agreement Number:
SREPSUSS388
Agreement Value:
$8,692,005.00
Agreement Date:
Nov 3, 2025 - Mar 31, 2032
Description:
The objective of this Project is to deploy grid modernization technologies to support the grid, optimize system performance and reduce greenhouse gas emissions, while involving customer participation in Ontario's clean energy transition.
Organization:
Natural Resources Canada
Expected Results:
The expected results are to modernize the grid and improve efficiency by reducing the need for expensive infrastructure upgrades, while also decreasing reliance on fossil fuels during peak system loading.
Location:
TORONTO, Ontario, CA M5G 1P5
Reference Number:
115-2025-2026-Q3-18148
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
870865821
Recipient Type:
Other
Additional Information:
Grant or contribution awarded and spanning more than one fiscal year.
Recipient's Legal Name:
HYDRO ONE NETWORKS INC.
Program:
Smart Renewables and Electrification Pathways Program
Program Purpose:
The Smart Renewables and Electrification Pathway Program will focus on contributions to deploy advanced large-scale renewable energy projects and technologies that provide grid services.