Action on the Smart Renewables and Electrification Pathways Program
The Smart Renewables and Electrification Pathways Program (SREPs) provides up to $964 million over four years for smart renewable energy and grid modernization projects. This program will significantly reduce greenhouse gas emissions by encouraging the replacement of fossil-fuel generated electricity with renewables that can provide essential grid services while supporting Canada’s equitable transition to an electrified economy.
What does this Program offer?
SREPs will provide direct financial support to eligible renewable energy and grid modernization projects during the construction phase. Projects must use market ready technologies and apply workplace equity, diversity, and inclusion components.
What projects are eligible?
SREPs can support projects under the following streams:
- Established Renewables (examples: solar photovoltaic, onshore wind, small hydro)
- Emerging Technologies (examples: geothermal, energy storage)
- Grid Modernization (examples: micro-grids, virtual power plants, and hardware/software to enable grid services).
A portion of SREPs funding will be reserved for Indigenous-led projects, which may qualify for higher levels of project support.
Steps to apply for the Smart Renewables and Electrification Pathways Program
Proponents can download a Project Registration Form (PDF, 214 kb) and submit it via email to firstname.lastname@example.org. The Program will continuously accept project registrations and applications until SREPs funds are fully committed. Following submission of a Registration Form (PDF, 214 kb), program staff will send eligible projects a Project Application Form. Following program review of the completed Project Application Form, a funding decision will be sent to the Applicant.
Some projects applying for SREPs may be part of an established federal-provincial/territorial dialogue that covers multiple priorities and projects. SREPs reserves the right to make funding decisions on these projects as a part of those dialogues. These projects must still meet all requirements described in the Applicant Guide and Project Application Form.
At a later date, the Program may also launch a request for proposals for a Capacity Building stream to support equity, diversity and inclusivity actions, Indigenous engagement, and other similar activities related to potential projects.
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