The Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources announced up to $500 million in funding for the Smart Renewables and Electrification Pathways program (SREPs) Utility Support Stream. SREPs was recapitalized with nearly $2.9 billion in Budget 2023 and supports clean electricity infrastructure — such as renewable energy technologies, energy storage and grid modernization technologies — that strengthen the electricity grid. Through the program, the federal government will support even more clean electricity projects.