Federal, Provincial Governments Back UNB Smart Grid Project With $7.8-Million

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The federal and New Brunswick governments are contributing $7.8 million to help the University of New Brunswick further develop its smart grid initiative.

The Atlantic Canada Opportunities Agency said in a statement that the university is undertaking a five-year research initiative to address the complex technical, regulatory, and social issues involved in moving from conventional electric power systems to smart grids.

The Atlantic Digital Grid project will result in a number of new tools and technologies for energy distribution, analysis, threat detection, infrastructure, and business modeling.

The Smart Grid Innovation Network, or SGIN, established in partnership with NB Power and Siemens in 2015, is also expanding to support initiatives such as the Atlantic Digital Grid project, and build on UNB’s existing assets and expertise in energy management.

Read more about this story at Entrevestor.