Government of Canada Invests in Next-Generation Smart Grid Technology

VARENNES, QC, May 17, 2018 /CNW Telbec/ - Transforming how we make and use energy presents tremendous economic opportunities for Canada and will result in investments, good middle-class jobs for Canadians and a cleaner planet for future generations. 

Today, Michel Picard, Member of Parliament for Montarville, Quebec, on behalf of the Honourable Jim Carr, Canada's Minister of Natural Resources, announced an investment of $949,000 for a next-generation smart grid project that will promote the rapid adoption of new renewable energy sources to bolster the electricity grid. The goal of the project is to develop and implement technology to integrate new sources of clean energy without compromising the stability and reliability of our grids. 

Natural Resource Canada funded the project ? being led by Hydro-Québec's research institute (IREQ) ? through its Energy Innovation Program, which supports initiatives to accelerate clean technology development.

Canada is committed to the transition to a low-carbon economy. Over two-thirds of Canada's electricity generation comes from renewable energy, placing Canada first in G7 and second in G20 countries in terms of its share of electricity generated from renewables. 

Through Canada's national energy dialogue, Generation Energy, Canadians expressed that Canada has an opportunity to play a leading role in the global low-carbon movement. We will continue to support clean energy initiatives that create jobs, support investment and industry competitiveness, advance our clean future and help realize our global climate change goals.

Quotes
"The world of tomorrow will require new approaches and new ways of thinking, with a focus on invention and imagination. That is why the Government of Canada is investing more than $2.3 billion in clean technology. We continue to work with the private sector, as well as many other domestic and international partners, to accelerate the transition to a clean energy future, where the economy and the environment go hand in hand."

Michel Picard, Member of Parliament for Montarville

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https://www.nrcan.gc.ca/energy/funding/icg/19750

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SOURCE Natural Resources Canada