Process and Systems
The Process and Systems initiative provides financial incentives to encourage investment in innovative process changes and equipment retrofits. In exchange, participants will commit to deliver specific conservation targets within a specific time period and maintain these savings over the expected life of the project.
Process and Systems applications can involve capital investments for a single project, a small capital project, a portfolio of projects, or a self-generation project. Typical projects include equipment to reduce demand and consumption, waste energy recovery generation, as well as combined heat and power generation projects.
Further enhancements to the Process and Systems initiatives are currently under development. Over the summer of 2015, the IESO will be seeking input on the Process and Systems Participation Agreement. Please see the ongoing Stakeholder Engagement for updates.
- Funding for preliminary and detailed engineering studies
- Project incentives for approved projects based on:
- Project incentive maximum of $10 million
|Project Type||Annualized Electricity Savings||Project Incentive Agreement Term||Detailed Engineering Study Requirement|
|Project||Minimum 350 MWh||10 year||Yes|
|Small Capital Project||Minimum 100 MWh Maximum project incentive of $1,000,000||5 years||No (see Small Capital Project Guidelines)|
|Portfolio||Two or more Projects totalling a minimum of 3,500 MWh||10 years||Yes|
|Self-Generation||Less than 20 MW nameplate capacity||10 years||Yes|