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Business

Emerging Energy Programme

Funder:  NSW – Energy

Grant Background: The Emerging Energy Program encourages private sector investment to support the next generation of large-scale electricity and storage projects in NSW.

The program is technology neutral and eligible projects must demonstrate that they can provide dispatchable or on-demand energy to help meet the State’s energy needs.

There are two funding streams to help speed up the development of projects to provide on-demand electricity now and into the future:

  1. Capital projects stream
  • Funding to assist with the construction of a dispatchable electricity project.
  • Anticipated grant funding of up to $10 million per project, as a guide.
  1. Pre-investment studies stream
  • Funding for activities that will lead to development of a dispatchable electricity project.
  • Anticipated grant funding of up to $500,000 per project, as a guide.

Project financial contributions are expected to at least match grant funding.

$ Available: up to $10million.

Eligibility:  Applicants must demonstrate that they are planning to develop an electricity project that:

  1. is connected to the NSW National Electricity Market (NEM) region
  2. has a minimum project capacity of 5 MW alternating current (AC)
  3. meets the program’s definitions of emerging technology and dispatchable technology
  4. reduces greenhouse gas emissions
  5. is registered or intends to register with the Australian Energy Market Operator (AEMO) under the National Electricity Rules or be capable of participating in AEMO’s central dispatch process
  6. would not have gone ahead in the near term without the support of the program
  7. is the subject of an application for grant funding under only one of the program application streams
  8. primarily involves activities that take place in Australia.

Key Dates: closes 2 April 2019

Link: CLICK HERE – https://energy.nsw.gov.au/renewables/clean-energy-initiatives/emerging-energy-program

Happy to chat if you need a hand with your application. Good luck, Melanie

#emergingtechnology #energyinitiatves   #innovation  #nextgen

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