Ontario Dangles $50M for Energy Innovators

On the back of Australia and the UK’s recent grants for fresh ideas in clean energy and energy efficiency, Ontario has switched on the next round of its Smart Grid Fund program. The Ontario Ministry of Energy is putting up C$50M for projects that design, test, and commercialise smart grid solutions based in Ontario. This phase of the funding is targetted at advanced energy technology projects such as energy storage.

Ontario’s energy doyen Bob Chiarelli was decidedly optimistic about the rewards the program might reap. He described the intiative as “a real opportunity to build one of the most advanced electricity grids in the world”, adding that it “will give consumers more power over their electricity use, while ensuring our entire system uses energy as efficiently as possible”. Applications for a share of the C$50M is expected to be submitted by September 6, 2013. Interested parties may look here.

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