The Smart Renewables and Electrification Pathways Program (SREPs) is a $964 million program which provides $922 million over four years for smart renewable energy and electrical 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.
To learn more about SREPs, which projects are eligible and how projects are chosen, please visit the link below:
https://www.nrcan.gc.ca/climate-change-adapting-impacts-and-reducing-emissions/green-infrastructure-programs/smart-renewables-and-electrification-pathways-program/23566
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.