Share on LinkedInShare on LinkedIn

ARTICLE · 16 JUNE 2021

What Is The Smart Renewables And Electrification Pathways Program?

Bennett Jones LLP
Bennett Jones LLP
Contributor
Bennett Jones LLP

Bennett Jones LLP

Bennett Jones is one of Canada’s premier business law firms. With deep experience in complex...

View firm profile
Explore more from Bennett Jones LLP

On June 2, 2021, Natural Resources Canada (NRCan) announced its Smart Renewables and Electrification Pathways Program (SREPs) in support of Canada's ongoing effort to reach net-zero emissions by 2050.

CanadaEnergy and Natural Resources

On June 2, 2021, Natural Resources Canada (NRCan) announced its Smart Renewables and Electrification Pathways Program (SREPs) in support of Canada's ongoing effort to reach net-zero emissions by 2050.

The $964-million commitment will reduce greenhouse gas emissions over four years by encouraging the replacement of fossil-fuel generated electricity with cleaner energy technologies, such as wind and hydro. To facilitate this transformation to Canada's electric grid, SREPs offers financial assistance to eligible projects during the construction phase. This investment in smart renewable energy and grid modernization projects will make clean, affordable electricity more accessible in communities across the country and improve the connectivity and efficiency of Canada's existing electrical infrastructure.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from