ecoENERGY for Renewable Power

Name of transfer payment program

ecoENERGY for Renewable Power (Voted)

Start date

April 1, 2007

End date

The program’s authority to enter into contribution agreements ended on March 31, 2011. However, allocated funding will be issued to program participants until 2020-21.

Fiscal year for terms and conditions

Approved in 2006-07

Strategic Outcome

2 – Natural Resource Sectors and Consumers are Environmentally Responsible

Link to department's Program Alignment Architecture

2.1 – Energy-efficient Practices and Lower-carbon Energy Sources > 2.1.1 – Renewable Energy Deployment

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 expected result is increased production of renewable electricity supply in Canada. The program is contributing to the expected annual generation of up to 13.3 terawatt-hours of electricity through 4,458 megawatts of capacity. This renewable energy production is expected to lead to reductions of greenhouse gas emissions of about 6 megatonnes annually and related criteria air contaminant emissions.

The program will continue to support renewable power production as per the terms of its contribution agreements with projects up to March 31, 2021.

Fiscal year of last completed evaluation

2010-11

Decision following the results of last evaluation

N/A (No decision required)

Fiscal year of planned completion of next evaluation

2017-18

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.

Total grants

Total contributions

Total transfer payments