energy innovation program smart grid regulatory innovation capacity building call for proposals
the regulatory innovation capacity building focus area under the smart grid call for proposals seeks to support innovation in the economic regulation of canada’s electricity systems. this will be accomplished by funding projects that are related to regulatory experimentation, regulatory sandboxes, and capacity building within organizations for regulatory innovation. these projects should promote cooperation and information sharing among actors operating within canada’s electricity systems, enable the creation and adoption of innovative approaches for the economic regulation of these systems, and create the conditions for meaningful participation and engagement in the regulatory ecosystem.
specifically, the objectives of this focus area are to:
- promote regulatory experimentation necessary to support electrical grid modernization.
- support the development of the skills, knowledge, and expertise required for enabling regulatory innovation and experimentation in grid modernization.
- accelerate the adoption of flexible regulatory procedures needed for the adoption of innovation in the electrical grid and increase participation and learning from innovation in a regulatory context.
- advance inclusivity, diversity, equity, and accessibility (idea) in the electricity sector.