Critical Regional Priorities stream
Currently engaging with provinces and territories
The program is currently engaging with provinces and territories to identify priority projects under this stream.
Objectives
The provinces and territories require different levels of investment to reduce GHG emissions from electricity generation. The Smart Renewables and Electrification Pathways Program's (SREPs') Critical Regional Priorities (CRP) stream supports provinces and territories in addressing their greatest challenges in transitioning their electricity system to support a prosperous, decarbonized economy.
Funding opportunities
The SREPs CRP stream relies on continuous engagement with provinces and territories to identify deployment-ready clean electricity infrastructure projects that are essential to decarbonizing the electricity system. Support for priority projects takes into consideration funding need, alongside other federal instruments such as Investment Tax Credits and Canada Infrastructure Bank financing.
Eligible projects
The CRP stream focuses on deployment-ready clean energy generation, energy storage, and grid modernization projects or transmission infrastructure. The Program works with provinces and territories to identify and prioritize projects critical to decarbonizing their electricity system.
SREPs funding under the CRP stream is limited to projects that demonstrate a need beyond that which is available through federal financing and investment tax credits.
Deployment projects
Eligible deployment project types include but are not limited to:
- Wind
- Solar PV
- Small Hydro
- Grid Modernization
- Energy Storage
- Transmission Infrastructure
- Biomass
Pre-development activities
In addition to deployment projects, the CRP Stream can offer funding for pre-development activities, with the aim of supporting priority deployment projects at earlier stages of project development as they advance towards construction readiness.
Pre-development activities refer to the various planning, analysis, and assessment tasks necessary to advance a potential deployment project, including system impact studies, environmental assessment, and feasibility studies. As with deployment projects, pre-development projects will need to be identified by provincial or territorial governments.
Contact us
Please direct questions about this stream to the SREPs Team: sreps-erite@nrcan-rncan.gc.ca
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