Grants and Contributions:

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Title:

GISG 3055

Agreement Number:

GISG 3055

Agreement Value:

$3,195,000.00

Agreement Date:

Mar 5, 2019 - Mar 31, 2027

Description:

The purpose of this project is to improve existing asset utilization and efficiency, improving grid reliability and resilency while maintaining or improving cybersecurity, and increasing grid flexibility and the penetration of renewable generation.

Organization:

Natural Resources Canada

Expected Results:

The expected results are reduced greenhouse gas emissions, the generation of economic and social benefits, increased electricity system efficiency and use of existing assets, increased electricity system reliability and resiliency with maintained or enhanced cyber security; and increased electricity system flexibility.

Location:

FREDERICTON, New Brunswick, CA E3B 4X1

Reference Number:

115-2022-2023-Q4-13191

Agreement Type:

Contribution

Report Type:

Grants and Contributions

Recipient Business Number:

119246924

Recipient Type:

Other

Additional Information:

Amendment: Duration of agreement / Award previously disclosed for the 4th Quarter of 2020-2021. Grant or contribution awarded and spanning more than one fiscal year.

Amendment Date

Jan 10, 2023

Recipient's Legal Name:

NEW BRUNSWICK POWER CORPORATION

Program:

Smart Grid Deployment Program

Program Purpose:

The objective is to support the reduction of greenhouse gas emissions from Canada’s energy sector through a set of programs which will allow for cleaner and more efficient operation of grid systems and grid modernization, deployment of emerging renewable electricity projects, deployment of renewable energy projects which can provide grid services, and deployment of clean energy and energy efficiency to reduce the reliance of diesel generated heat and power in Indigenous, rural, and remote communities.

Amendments:

See Amendments