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Emerging Renewable Power Program (voted)

General information
Name of transfer payment program Emerging Renewable Power Program (voted)
Start date April 1, 2018
End date* March 31, 2030
Type of transfer payment Contribution
Type of appropriation Estimates
Fiscal year for terms and conditions 2017-18
Link to department’s Program Inventory Electricity Resources
Description This new program will support the deployment of renewable electricity technologies, which have been established successfully abroad and will support renewable electricity technologies, which have been demonstrated successfully in Canada but have not yet been deployed commercially. This program will help de-risk upfront capital investments in emerging renewable power projects. The Emerging Renewable Power Program has repayable contributions.
Expected results For the 2018-2019 to 2020-2021 period:
Result #1: Two contribution agreements signed and two regional assessments completed and released publicly.
Result #2: Projects using at least two different technologies (one technology per project) are supported by program.
Result #3: Two provincially-led support mechanisms (e.g. regulatory frameworks, power purchase agreements)
Fiscal year of last completed evaluation Not applicable
Decision following the results of last evaluation Not applicable
Fiscal year of planned completion of next evaluation 2020-21
General targeted recipient groups Legal entities validly incorporated or registered in Canada including for profit and not-for-profit organizations, system operators and transmission owners and operators, local distribution companies, industry associations, research associations, regional and community development corporations.
Provincial, territorial, regional and municipal governments and their departments and agencies where applicable;
Indigenous communities, councils or governments and Indigenous for-profit and not-for-profit organizations.
Initiatives to engage applicants and recipients The Department has contacted industry organizations, spoken to individual developers upon request, and has attended industry events. The Department has contacted provincial government representatives, both at the working and management level.

*This date relates to the expiry date of the program policy authority which may be different from the actual funding end date.

Planning information (dollars)
Type of transfer payment 2017-18 Forecast spending 2018-2019  Planned spending 2019-20  Planned spending 2020-21  Planned
spending
Total grants 0 0 0 0
Total contributions 0 $23,242,544 $48,621,785 $48,604,374
Total other types of transfer payments 0 0 0 0
Total program 0 $23,242,544 $48,621,785 $48,604,374

 

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