Contribution: Industrial Research Assistance Program – Contributions to Firms
BluWave Inc
$50,000.00
AI Assisted Prediction and Optimization of Renewable Grid Assets at Summerside Electric
FY 2018-19 · 2018-09-04
Summary
This pilot project addresses the challenges and opportunities for the City of Summerside renewable smart grid and power exchange with the New Brunswick (NB) grid to reduce energy costs by using more renewables and less grid and diesel generated power. The overall objective of this project is to estimate how and to what extent this cost can be reduced with Artificial Intelligence (AI) assistance. This project will build AI models in BluWave-ai’s distributed AI platform. These models will be trained with Summerside smart grid data and use a simulation model to show the projected improvements in operational efficiency, increasing the use of renewable energy and storage, reducing the consumption of diesel generation and grid power.
Department
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Recipient
Location
Ottawa|Ottawa, Ontario, Canada
Recipient Type
For-profit organization
Business Number
787056084
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Agreement End Date
2018-12-14
Agreement Number
912812
Agreement Start Date
2018-09-04
Agreement Title
AI Assisted Prediction and Optimization of Renewable Grid Assets at Summerside Electric
Agreement Title (French)
Prédiction assistée par IA et optimisation des actifs de réseau renouvelables à Summerside Electric
Agreement Type
Contribution
Agreement Value
$50,000.00
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 pilot project addresses the challenges and opportunities for the City of Summerside renewable smart grid and power exchange with the New Brunswick (NB) grid to reduce energy costs by using more renewables and less grid and diesel generated power. The overall objective of this project is to estimate how and to what extent this cost can be reduced with Artificial Intelligence (AI) assistance. This project will build AI models in BluWave-ai’s distributed AI platform. These models will be trained with Summerside smart grid data and use a simulation model to show the projected improvements in operational efficiency, increasing the use of renewable energy and storage, reducing the consumption of diesel generation and grid power.
Description (French)
Ce projet pilote aborde les défis et les opportunités du réseau intelligent renouvelable de la ville de Summerside et de son échange d’énergie avec le réseau du Nouveau-Brunswick (NB) afin de réduire les coûts énergétiques en utilisant davantage d’énergies renouvelables et moins d’énergie générée par le réseau et le diesel. L’objectif général de ce projet est d’estimer comment et dans quelle mesure ce coût peut être réduit avec l’aide d’intelligence artificielle (IA). Ce projet construira des modèles d’intelligence artificielle sur la plate-forme distribuée IA de BluWave-ai. Ces modèles seront formés avec les données du réseau intelligent de Summerside et utiliseront un modèle de simulation pour montrer les améliorations projetées d'efficacité opérationnelle, augmentant l'utilisation d'énergies renouvelables et le stockage, réduisant la consommation de production de diesel et d'électricité du réseau.
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
Kanata--Carleton
Federal Riding (French)
Kanata--Carleton
Federal Riding Number
35041
NAICS Code
511211
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
787056084
Recipient City
Ottawa|Ottawa
Recipient Country
CA
Recipient Legal Name
BluWave Inc
Recipient Postal Code
K2L 1T9
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2018-2019-Q2-912812