T&D World Magazine

Ontario Ministry of Energy Launches $50 Million Smart Grid Fund

The Ontario Ministry of Energy is launching the $50 million Smart Grid Fund (SGF), which will help accelerate the growth of Ontario’s smart grid industry through targeted financial support for projects that advance the commercialization of smart grid products and services in Ontario. This will provide economic development opportunities, including the creation of new jobs and is part of Ontario’s plan to build a modern, reliable energy system.

The SGF complements Ontario’s proactive smart grid policy and supports existing government priorities. The SGF is a discretionary, non-entitlement program administered by the Ministry of Energy and funding will be awarded on a competitive basis.

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