Commercialization of digital asset optimization software for operation and management of distributed energy resources
$900,000.00
Grant Value
2024-25
Fiscal Year
Description
Digital asset optimization software for the operation and management of Distributed Energy Resource (DER). Arcus will develop a new carbon cost tracking module, which will be used to economically optimize DERs based on market and operating conditions through a digital connection to electrical grid systems.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Why This Grant is Notable
Contains keyword: carbon
Grant Details
Recipient
Arcus Power Corp.
Operating as: Arcus Power Corp
Location
Calgary, AB T2P 3C5
Agreement Details
Number: 1003382
Reference: 172-2022-2023-Q4-1003382
Timeline
Start: Nov. 1, 2022
End: Nov. 30, 2024
Program
Industrial Research Assistance Program – Contributions to Firms
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or …
Sector
Utilities (22112)
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