ecoENERGY for Renewable Power (voted)
|Name of transfer payment program||ecoENERGY for Renewable Power (voted)|
|Type of transfer payment||Contribution|
|Type of appropriation||Estimates|
|Fiscal year for terms and conditions||2008-09|
|Link to department’s Program Inventory||Electricity Resources|
|Description||The ecoENERGY for Renewable Power program is investing $1.4 billion over 14 years to increase Canada's supply of clean electricity from renewable sources such as wind, biomass, low-impact hydro, and solar photovoltaic energy. It is intended to help position low-impact renewable energy technologies to make an increased contribution to Canada’s energy supply and thereby contribute to a more sustainable and diversified energy mix. Payments of the incentive will be paid over a 10-year period to qualifying projects.
This transfer payment program has repayable contributions.
|Expected results||The 95 projects still receiving the incentive under the program are expected to produce 11.7 terawatt hours of electricity from clean renewable resources in 2017-18.|
|Fiscal year of last completed evaluation||2015-16|
|Decision following the results of last evaluation||The evaluation stated that the program has been managed effectively and efficiently.|
|Fiscal year of planned completion of next evaluation||Not applicable|
|General targeted recipient groups||A business, institution or organization (i.e., an independent power producer, provincial Crown corporation, electrical utility or energy cooperative) that meets the terms and conditions of the program.|
|Initiatives to engage applicants and recipients||Applications are no longer accepted for the ecoENERGY for Renewable Power program, as the commitment period ended on March 31, 2011. The department continues to engage with recipients to ensure compliance with the requirements of the contribution agreements.|
*This date relates to the expiry date of the program policy authority which may be different from the actual funding end date.
|Type of transfer payment||2017-18 Forecast spending||2018-2019 Planned spending||2019-20 Planned spending||2020-21 Planned
|Total other types of transfer payments||0||0||0||0|
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