Grid Innovation Fund

Grid Innovation Fund 2024 – Electrification and Demand Management

The Grid Innovation Fund (GIF) is issuing a targeted call in 2024 (the 2024 Call) for innovative projects focused on Electrification and Demand Management.

The 2024 Call seeks project proposals that demonstrate how electrification can be achieved in a way that helps address Ontario’s growing electricity demand in the transportation and space and water heating and cooling sectors while maintaining grid reliability, sustainability and affordability for ratepayers. More specifically, the 2024 Call is seeking project proposals under two streams:

1. Electric Vehicles (EVs) including light, medium, heavy duty vehicles and rail transit
2. Space and water heating across all sectors, and ventilation and cooling for non-residential weather-sensitive loads

Please see the Proposal Guideline below for more details on the Call.

Guidelines and Agreement

• Draft GIF Project Proposal Guidelines

• GIF Contribution Agreement Template

Prior to submitting a Project Proposal Template for funding under the Grid Innovation Fund, applicants must review and ensure they understand the terms and conditions contained in the Grid Innovation Fund Contribution Agreement. The IESO will not be able to accommodate applicants’ requests for changes to the terms and conditions. The IESO may make amendments to its templates from time to time, at the IESO’s sole discretion. Successful applicants will be required to enter into a Grid Innovation Fund Contribution Agreement, which will be the final, binding agreement that governs the relationship between the parties, which will not be affected by any changes to the templates that are not reflected in the final binding agreement. The final agreement may contain additional terms, conditions and/or schedules, as required by the IESO, including those required as a result of the nature of the project that is the subject of the application. 

Project Proposal Required Documents

Applicants must submit a completed proposal package with the bulleted items listed below, along with all the supporting documents listed in the Project Proposal Guideline (e.g., letters of support, audited financial statements, project team CVs etc.) to the Grid Innovation Fund (GIF) inbox.

Prior to completion of the documents, please review the Project Proposal Guidelines for detailed requirements and the GIF Contribution Agreement Template.

• Draft GIF Project Brief Template
• Draft GIF Project Proposal Part A Template
• Draft GIF Project Proposal Part B Template

Collaboration Opportunity

To support cross-sector collaboration and enhance the success of the upcoming 2024 IESO Grid Innovation Fund (GIF) targeted call, the IESO has published this list as a resource so that prospective project proponents may be aware of and choose to contact any of the parties listed that are interested in potential project collaboration. This list will be updated by the GIF team throughout the proposal submission window, as parties express interest by completing the GIF Collaboration Form by May 27, 2024.

Please note that the interested parties listed have submitted their own description of key technologies/services relevant to the 2024 GIF targeted call, and the IESO cannot attest to the accuracy, reliability or correctness of the information provided. The IESO does not endorse any of the listed interested parties or their technologies or services, takes no responsibility, and disclaims any liability that may be incurred as a consequence of the use of the key technologies or services that may be provided by any of the listed parties or from any contact made to those listed.

The IESO makes no representation, warranty or guarantee that parties who choose to collaborate as a result of this list will be selected for GIF funding. All proposals will be evaluated and selected in accordance with the GIF 2024 Proposal Guideline. If you choose to contact any of the parties listed, you agree that you are doing so on your own account and have made your own independent decision as to whether any collaboration is appropriate and proper for your organization based on your own judgement and based upon advice from any advisors you have deemed necessary. The IESO makes no assurance or guarantee as to the appropriateness or expected results of any such collaboration. You must not rely on the publishing or provision of this list by the IESO as advice or a recommendation to enter into a collaborative arrangement or engagement with a party listed.

List of Interested Parties Seeking Project Partners:

Coming Soon

Proposal Submission Timelines

Proposals must be submitted between May 27, 2024 and July 21, 2024 to GridInnovationFund@ieso.ca with the words “Grid Innovation Fund target call” in the subject line. Proposals must be submitted before 11:59pm on July 21st, 2024.

Contact us

Have questions? Email us at Grid Innovation Fund.