PRESS RELEASE: Natural Resources Canada invests $1.6 million in CanREA Electricity Transition Hub
Source: | · CANADIAN RENEWABLE ENERGY ASSOCIATION · | October 28, 2022
CanREA’s Electricity Transition Hub will help Canadian electricity utilities and system operators transition to a net-zero economy by 2050.
Toronto, Ontario, October 28, 2022 – The Canadian Renewable Energy Association (CanREA) is thrilled to launch the CanREA Electricity Transition Hub, supported by nearly $1.6 million in funding, as announced today by Julie Dabrusin, Parliamentary Secretary to the Minister of Natural Resources and to the Minister of Environment and Climate Change, and Member of Parliament for Toronto—Danforth, on behalf of the Honourable Jonathan Wilkinson, Minister of Natural Resources, at the Electricity Transformation Canada conference in Toronto.
“We are working with energy system operators and utilities from across the country to deliver a net-zero future,” said Minister Wilkinson. “Today’s investment of $1.6 Million in CanREA’s Electricity Transition Hub will enable collaboration on clean energy deployment and grid modernization across the country. Congratulations to CanREA and all those involved in this important work.”
The CanREA Electricity Transition Hub (the Hub) is a knowledge-transfer tool helping electricity utilities and system operators accelerate their decarbonization efforts. The Hub will equip participants to integrate the larger amounts of wind energy, solar energy and energy storage needed to support electrification and Canada’s net-zero GHG-emission targets.
“During today’s Electricity Transformation Conference in Toronto, I was pleased to announce that the Government of Canada is supporting our utilities and systems operators to deliver the clean technologies we need to reach net-zero,” said Dabrusin. “This support for the Canadian Renewable Energy Association’s Electricity Transition Hub is an important step on the path to a prosperous net-zero future.”
Federal funding for this project is provided by Natural Resources Canada’s $1.56-billion Smart Renewables and Electrification Pathways (SREPs) program, which aims to significantly reduce GHG emissions by enabling increased renewable energy capacity that will provide essential grid services while contributing to Canada’s 2050 net-zero targets.