Green Municipal Fund – Study: Community Energy Systems | Federation of Canadian Municipalities (FCM):

Your study should aim to:

• Confirm the practicality and viability of constructing and operating the proposed energy system.
• Incorporate feedback from stakeholder engagement and public consultation.
• Complete system design and quantify expected costs and revenue streams.
• Quantify the environmental, social, and economic impacts and benefits.
• Confirm partnerships.
• Detail proposed business model, including project ownership, operations, and financing.
• Identify risks and mitigation options (including climate risk assessment).
• A site condition assessment.

Your study will need to include, at minimum, the following:

• The GHG impacts of the solution or approach being studied.
• A confirmation of the proposed operational and financial model planned for the project.
• Climate risk assessment (required for projects studying new infrastructure assets valued over $2 million; optional for other projects).
• An equity assessment that answers, at minimum, the following questions:
  • Which equity-deserving groups might benefit the most from the project, and/or be burdened, directly or indirectly, by the project or decision? How are these groups positively or negatively impacted by the project or decision?
  • What strategies can be used to address barriers or mitigate negative impacts?
  • What data sources, reports, or mapping resources can help illuminate equity issues in your local context?

Eligible activities undertaken as part of your study include:

• Detailed project design.
• Verification of availability of local energy sources.
• Verification of end users for energy and other products created by the proposed system.
• Detailed financial analysis (e.g., cost estimates, revenue projections, return on investment (ROI), and funding options).
• Developing terms and conditions for going to tender for the capital project.
• Stakeholder engagement and public consultation.
• Regulatory approval processes.
• Impact assessment process.
• Climate risk assessment.