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Cabinet officials

Canada Invests in Smart Renewable Energy and Grid Modernization Technologies

Strategic Insights

— 2 min read

Harnessing Canada's immense clean energy potential requires significant investments to modernize the country's electricity grid. As climate change impacts the reliability of grids, the federal government is supporting ratepayers while advancing Canada's clean energy transition by investing in smart renewable energy and enabling grid modernization technologies. Today, a major announcement was made to support ENWIN Utilities' innovative technology, the Self-Healing Grid: Automated Feeder Ring project, which will protect ratepayers in Windsor.

Key Takeaways:

  • The federal government, through the Smart Renewables and Electrification Pathways (SREPs) program, has provided over $800,000 in funding to ENWIN Utilities for the Self-Healing Grid: Automated Feeder Ring project.
  • ENWIN Utilities has contributed an additional $800,000 to the project, bringing the total investment to $1.6 million.
  • The project will protect two vulnerable segments of Windsor's grid using self-healing technology, which includes monitoring of potential risks, minimizing impacts on households, and localizing issues to contain them.
  • The 2022 Fall Economic Statement includes a refundable investment tax credit for clean technologies, including clean energy generation and storage, and proposes a Sustainable Jobs Training Centre to support workers in the low-carbon economy.
  • The Centre aims to benefit 15,000 workers by upgrading or gaining new skills for jobs in a low-carbon economy, while also supporting 20,000 apprentices and journeypersons through a new sustainable jobs stream.
  • Federal funding for this project is provided through Canada's $1.56-billion SREPs program, which aims to enable increased renewable energy capacity and grid modernization while supporting Canada's transition to a net-zero economy by 2050.

Statistics:

  • The federal government has committed over $800,000 in funding to the Self-Healing Grid: Automated Feeder Ring project.
  • ENWIN Utilities has also contributed $800,000 to the project, bringing the total investment to $1.6 million.
  • The 2022 Fall Economic Statement proposes a refundable Clean Technology Tax Credit equal to 30% of the capital cost of investments in clean technologies.
  • The Sustainable Jobs Training Centre aims to benefit 15,000 workers in the low-carbon economy.
  • 20,000 apprentices and journeypersons are expected to benefit from a new sustainable jobs stream.
  • Federal funding for this project is provided through Canada's $1.56-billion SREPs program, which aims to enable increased renewable energy capacity and grid modernization.

Sources:

  • [Natural Resources Canada. (2022). Press Release: Windsor, Ontario, Nov. 10]
  • [Natural Resources Canada. (2022). 2022 Fall Economic Statement]
  • [Canada's Smart Renewables and Electrification Pathways (SREPs) program]

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