U of T’s Grid Modernization Centre receives $10 million in federal funding to advance energy transition

Source: Sayyeda Masood | · UNIVERSITY OF TORONTO · | July 29, 2024

Founded by the Climate Positive Energy institutional strategic initiative, the Grid Modernization Centre will help accelerate integration of novel green technologies

The University of Toronto has received $10-million in federal funding in support of the Grid Modernization Centre, a state-of-the-art facility in Toronto’s Downsview area that aims to accelerate progress towards a decarbonized, decentralized and digitalized power system for Canada. 

Founded by Climate Positive Energy, a U of T institutional strategic initiative, the centre will serve as a hub that provides utilities, regulators, municipalities and enterprises with the equipment and expertise needed to test, develop and commercialize a range of green technologies.

The Government of Canada announced the investment – which includes $5 million apiece from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) and Natural Resources Canada – at U of T's Myhal Centre for Engineering Innovation & Entrepreneurship on Friday, July 26.

“On behalf of the University of Toronto, we thank FedDev Ontario and Natural Resources Canada for their $10-million investment in the Grid Modernization Centre,” said Leah Cowen, U of T’s vice-president, research and innovation, and strategic initiatives. “By convening stakeholders across the electricity ecosystem, Climate Positive Energy and their partners will help ensure the electrical grid remains safe and reliable, while supporting the development of clean technologies and jobs.”