Natural Resources Canada Provides up to $16.7 Million to Help the IESO Unlock the Potential of Energy Storage, Hybrid Facilities and Small-Scale Electricity Resources
With funding support from the federal government, Ontario’s grid operator is expanding its efforts to take advantage of the rapid growth of energy storage, hybrid generation/storage facilities and small-scale electricity resources to help meet Ontario’s future electricity needs. Natural Resources Canada (NRCan) announced today that it is providing up to $16.7 million to the Independent Electricity System Operator’s (IESO) Enabling Resources Program. This funding will help the IESO expand its work to tap into new and emerging technologies to help meet Ontario’s energy needs reliably and cost effectively, while advancing grid decarbonization.
