Grants and Contributions:
Title:
The Transactive Grid - Enabling An End-to-End Market Services Framework Using Blockchain
Agreement Number:
GISG-3074
Agreement Value:
$2,620,000.00
Agreement Date:
Jan 2, 2019 - Mar 31, 2027
Description:
The purpose of this agreement is to demonstrate a new decentralized energy trading platform that will allow greater integration of distributed energy resources such as rooftop solar and home energy storage in order to decrease reliance on centralized thermal generation power plants. This will lead to a reduction in greenhouse gas emissions, while potentially lowering consumer rates and increasing electricity system flexibility.
Organization:
Natural Resources Canada
Expected Results:
The main expected results are advanced technologies or tools that can lead to energy savings, reduced environmental impacts and enhanced competitiveness.
Location:
WOODBRIDGE, Ontario, CA L4H 0A9
Reference Number:
115-2020-2021-Q4-10404
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Type:
Other
Additional Information:
Amendment: Duration of agreement / Value / Award previously disclosed for the 4th Quarter of 2018-2019. Grant or contribution awarded and spanning more than one fiscal year.
Amendment Date
Mar 12, 2021
Recipient's Legal Name:
ALECTRA UTILITIES CORPORATION
Program:
Smart Grid Infrastructure Demonstrations Program
Program Purpose:
The objective is to support the competitiveness of Canada's natural resource sectors through a comprehensive suite of research, development, demonstration, and RSA projects leading to advances in technology, increased knowledge and collaboration, input into codes, standards and associated policies and regulations, and ultimately improved environmental and economic performance.
Amendments: