Strategic Area
Smart Grid and Energy Storage
Status
Active
Fund
Energy Innovation Program
Year
2025
Agreement Value
$3,145,461
Project Total
$6,427,885
Location
ON
Find out more
Lead Proponent
Peak Power Inc.
Project Objectives
The objective of this project is to deploy and demonstrate a Distributed Energy Resource Management System at three locations that can allow simultaneous optimization of Distributed Energy Resources and customer participation in electricity markets.
Expected Results
This project aims to:
- Improve electricity market access for electricity consumers and DER owners, helping to reduce electricity bills.
- Enhance grid flexibility and electricity asset utilization.
- Optimize for lower grid emissions, lower customer electricity costs and provide alternative options to meet electricity grid needs.
- Improve electricity distribution system visibility and control for electricity utilities.