Contribution: Industrial Research Assistance Program – Contributions to Firms
Edgecom Energy Inc.
$350,000.00
Real-time energy market arbitrage
FY 2022-23 · 2023-01-01
Summary
This project will be focused on building real-time energy market arbitrage capabilities into our Network Operations Centre (NOC) to control both front of the meter batteries and behind the meter machines and processes.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Richmond Hill|Richmond Hill, Ontario, Canada
Recipient Type
For-profit organization
Business Number
749538922
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2023-12-31
Agreement Number
1001314
Agreement Start Date
2023-01-01
Agreement Title
Real-time energy market arbitrage
Agreement Title (French)
Arbitrage du marché de l’énergie en temps réel
Agreement Type
Contribution
Agreement Value
$350,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
This project will be focused on building real-time energy market arbitrage capabilities into our Network Operations Centre (NOC) to control both front of the meter batteries and behind the meter machines and processes.
Description (French)
Ce projet sera axé sur la mise en place de capacités d’arbitrage du marché de l’énergie en temps réel dans notre centre d’exploitation du réseau (NOC) afin de contrôler à la fois les batteries devant le compteur et les machines et processus derrière le compteur.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Richmond Hill
Federal Riding (French)
Richmond Hill
Federal Riding Number
35087
NAICS Code
518210
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
749538922
Recipient City
Richmond Hill|Richmond Hill
Recipient Country
CA
Recipient Legal Name
Edgecom Energy Inc.
Recipient Operating Name
Edgecom Energy
Recipient Postal Code
L4B 3B2
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2022-2023-Q4-1001314
