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:
- $230 per MWh for annualized electricity savings, or
- 70% of eligible project costs (40% for natural gas generation), or
- Achieving a one-year simple payback
- 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|
How to Participate
All Process and Systems projects must be approved by the IESO before implementation. Additional information on application and participation requirements can be found in the Program Documents above. For more information on the Industrial Accelerator Program, please contact an IESO Business Manager at