australian renewable energy agency budget


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Battery Breakthrough Initiative

In the 2024-2025 Federal Budget, the Australian Government announced the $523.2 million Battery Breakthrough Initiative to promote the development of battery manufacturing capabilities in Australia. Consultation is now open for the proposed

Budget 2024: Australian Renewable Energy Agency the big

May 14, 2024· The transition to a net-zero economy is good for the bureaucracy and the biggest winner is the Australian Renewable Energy Agency, a body threatened with abolition a decade

Renewables

Renewable energy sources accounted for 9% of Australian energy consumption in 2022-23. Renewable electricity generation has more than doubled over the last decade, but combustion of biomass such as firewood and bagasse (the remnant sugar cane pulp left after crushing) still constitutes about a third of all renewable energy consumption in Australia.

Finance Reporting

Oct 17, 2022· Alex Campbell tells us why long duration energy storage is an important foundation to Australia''s clean energy transition. About ARENA We support the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australian consumers, businesses and workers.

Battery Breakthrough Initiative open for consultation

Sep 11, 2024· Consultation has opened today on the Australian Government''s $523 million Battery Breakthrough Initiative, being delivered by the Australian Renewable Energy Agency (ARENA). Announced in the 2024-25 Federal Budget in May, the Battery Breakthrough Initiative aims to fund projects that enhance...

Executive summary – Australia 2023 – Analysis

A report by the International Energy Agency. Australia 2023 - Analysis and key findings. The net zero commitment requires a faster trajectory and increased efforts in energy efficiency and renewable energy. The Australian Government is taking a collaborative approach with states and territories under the new National Energy Transformation

Funding to supercharge Australia''s net zero transition, says ARENA

May 15, 2024· The Australian Renewable Energy Agency (ARENA) has welcomed funding and new budget programs announced in the 2024-25 Federal Budget. The Australian Government

New funding for ARENA in Federal Budget

Oct 27, 2022· The Australian Renewable Energy Agency (ARENA) has today welcomed expanded funding and new budget programs announced in the 2022-23 Federal Budget. "This is a very important budget for Australia''s energy transformation, and for ARENA which affirms the role of the agency in accelerating the energy transition, and the faith the Government

Advancing Renewables Program

Oct 21, 2024· Through the Advancing Renewables Program, ARENA is able to fund only those low emissions projects and activities that involve a renewable energy technology or technologies that increase the supply of, or improve the competitiveness of, renewable energy in Australia and have a clear nexus to renewable energy and its enabling technologies. Guidelines

Delivering a reliable and renewable future, Made in Australia

May 14, 2024· This Budget delivers energy rebates and energy bill reforms, secures a Future Made in Australia with local manufacturing in clean energy, and strengthens climate

ARENA funds national community battery roll out

Jun 29, 2024· The Australian Renewable Energy Agency (ARENA) has conditionally approved up to $143 million to support the roll out of up to 370 community batteries across Australia under its Community Battery Funding Round 1. The October 2022 Federal Budget provided $200 million for the Community Batteries for Household Solar Budget Measure to deploy 400

Community Batteries Funding Round 1

Apr 4, 2023· The October 2022 Federal Budget provided $200 million for the Community Batteries for Household Solar budget measure to deploy 400 community batteries across Australia. Of this, $171 million was allocated to ARENA to deliver at least 342 batteries. ARENA has allocated $120 million for Round 1 and intends to allocate remaining funding to a

Federal Register of Legislation

Oct 4, 2024· Australian Renewable Energy Agency (General Funding Strategy) Approval 2024. In force Administered by . Department of Climate Change, Energy, the Environment and Water ; This item is authorised by the following title: Australian Renewable Energy Agency Act 2011; Latest version. Order print copy.

A Future Made in Australia Fact Sheet

This Budget invests $22.7 billion over the next decade to build a Future Made in Australia. This next decade through the Australian Renewable Energy Agency to support the commercialisation of technologies that are critical to the net zero transformation. The new $1.7 billion Future Made

ARENA welcomes new funding

Sep 17, 2020· The Australian Government today announced new long term funding and an expanded focus for the Australian Renewable Energy Agency that will secure its future beyond 2022. The Prime Minister and Minister for Energy and Emissions Reduction today announced a total funding package of $1.62 billion for ARENA including guaranteed baseline funding of

Regional Microgrids Program

Aug 25, 2023· The Regional Microgrids Program (the Program) has up to $125 million to develop and deploy renewable energy microgrids across regional Australia, with a stream for First Nation Communities and one focused on innovation and resilience.

AUSTRALIAN RENEWABLE ENERGY AGENCY AMENDMENT (2020-21 BUDGET

Details of the Australian Renewable Energy Agency Amendment (2020-21 Budget Programs) Regulations 2021. Section 1 - Name. Section 1 provides that the title of the Regulation is the Australian Renewable Energy Agency Amendment (2020-21 Budget Programs) Regulations 2021.. Section 2 - Commencement. Section 2 provides that the Regulation commences the

Australian Renewable Energy Agency (ARENA)

We support the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australian consumers, businesses and workers. Seek Funding. We fund projects that can help accelerate

ARENA allocates funding to up to 281 MWh of community batteries

5 days ago· The Australian Renewable Energy Agency (ARENA) on Saturday announced it has conditionally approved up to AUD 143 million (USD 95m/EUR 89m) in funding for up to 370

Record funding approved by ARENA for renewable energy projects

Oct 31, 2023· The Australian Renewable Energy Agency (ARENA) has marked the start of its second decade by approving record funding towards projects helping to accelerate the renewable energy transition. In financial year 2022-23, ARENA approved funding of $544.1 million to 60 projects valued at over $3.5 billion, representing the Agency''s largest value of

ARENA Budget statement

May 13, 2014· The Australian Government has announced its intention to repeal the ARENA Act and abolish ARENA, returning its functions to the Department of Industry and returning $1.3 billion to consolidated revenue. The Budget changes do not affect the 181 projects, worth close to $1 billion, that already have

Six shortlisted for $2 billion Hydrogen Headstart funding

Dec 21, 2023· On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced that six applicants have been shortlisted and invited to submit a full application in the next stage of the $2 billion Hydrogen Headstart Program. Announced in the 2023-24 budget, the Hydrogen Headstart Program aims to catalyse

$2 billion for scaling up green hydrogen production in Australia

May 9, 2023· The Australian Renewable Energy Agency (ARENA) has today welcomed new funding for the Hydrogen Headstart initiative announced in the 2023-24 Federal Budget. The Australian Government announced the establishment of the $2 billion Hydrogen Headstart initiative to underwrite the biggest green hydrogen projects to be built in Australia.

Australian Renewable Energy Agency Amendment (2020-21 Budget

May 18, 2021· This instrument, the Australian Renewable Energy Agency Amendment (2020-21 Budget Programs) Regulations 2021 (the ''Regulation''), further expands ARENA''s functions under paragraph 8(f) and section 74 of the Act. Specifically, it amends the 2016 Regulation to prescribe an additional function of providing financial assistance in relation to

Funding & Investment Plan

All funding proposals are assessed for best fit against our strategic priorities. These priorities were updated in July 2022 and are accurately detailed in the 2022-23 Corporate Plan and 2022-23 General Funding Strategy.

Record funding for ARENA to supercharge Australia''s net zero

May 14, 2024· The Australian Renewable Energy Agency (ARENA) welcomes expanded funding and new budget programs announced in the 2024-25 Federal Budget. The Australian Government announced a funding package of $7.1 billion for budgeted programs to be administered by ARENA including: $1.9 billion boost to ARENA''s baseline funding

Executive team

Aug 20, 2024· Darren Miller – Chief Executive Officer. Darren Miller has been the Chief Executive Officer of ARENA since 2018. Darren has led ARENA through a period of change and renewal in which the agency has been provided over $2.6 billion over an additional 10 years to drive impact in renewable energy technology development and emissions reduction.

Record funding for ARENA to supercharge Australia''s net zero

May 14, 2024· The Australian Renewable Energy Agency (ARENA) welcomes expanded funding and new budget programs announced in the 2024-25 Federal Budget. The Australian

Investing in a Future Made in Australia | Budget 2024–25

This Budget accelerates growth of new industries by establishing the $1.7 billion Future Made in Australia Innovation Fund and delivering a 10‑year extension of funding to the Australian Renewable Energy Agency. It also delivers the $44.4 million Energy Industry Jobs Plan and $134.2 million for skills and employment support in key regions.

ARENA open for business on industrial decarbonisation

Nov 13, 2023· On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today launched the first funding round of the $400 million Industrial Transformation Stream (ITS) to support emissions reduction at existing industrial facilities in regional Australia. The Industrial Trans...

Investing in a Future Made in Australia | Budget 2024–25

Unlocking investment in net zero industries and jobs. This Budget accelerates growth of new industries by establishing the $1.7 billion Future Made in Australia Innovation Fund and

Strategic priorities

Sep 25, 2024· Deliver the targeted programs in the 2024-25 Federal Budget. In addition to delivering the above strategic priorities, we are also recognised for our expertise in providing grant funding on behalf of the Australian Government to improve the competitiveness and supply of renewable energy in Australia. Since October 2020, ARENA has received funding totalling

Australian Renewable Energy Agency Amendment (2020-21 Budget

Australian Renewable Energy Agency Amendment (2020-21 Budget Programs) Regulations 2021 - [Legislative Instrument] We acknowledge the traditional owners and custodians of country throughout Australia and acknowledge their continuing connection to land, waters and community.

Hydrogen energy

Hydrogen is the most common chemical in the universe. It can be produced as a gas or liquid, or made part of other materials, and has many uses such as fuel for transport or heating, a way to store electricity, or a raw material in industrial

Publications

Oct 17, 2022· Alex Campbell tells us why long duration energy storage is an important foundation to Australia''s clean energy transition. About ARENA We support the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australian consumers, businesses and workers.

Australian Energy Update 2024

Change is driven by new technologies that increase the supply of renewable energy; changes to The Australian Energy Statistics is the authoritative and official source of energy statistics for Australia IEA International Energy Agency LNG Liquefied natural gas

Budget breakdown: What''s in it for you

May 14, 2024· "This budget invests in our renewable energy superpower ambitions – including $13.7 billion in production tax incentives for green hydrogen and processed critical minerals, so industries are

Future Fuels Fund (Round 1)

About the program. The Future Fuels Fund aims to address barriers to the roll out of new vehicle technologies. Originally announced in September 2020 as part of the 2020-2021 Federal Budget, the Future Fuels Fund was initially a $71.9 million programme administered by ARENA that aimed to support public charging infrastructure for battery electric vehicles (BEVs), as well as

Driving the Nation Program

Background. Announced in 2022, the Government''s Driving the Nation Fund provides $500 million to invest in cheaper and cleaner transport. This funding builds on the former ''Future Fuels Fund'' (established in 2020), targeting support for business fleets, new technologies for heavy and long-distance vehicles, public charging and hydrogen refuelling stations and smart charging.

Energy Transition

Budget Resources. Stephen McMaugh. An energy transition is underway in the Australian economy, consistent with global trends. As outlined in the June 2022 Parliamentary Library briefing book paper ''Electricity sector: continuing modernisation'', major trends include the expected retirement of coal-fired electricity generation, its replacement with variable renewable

About australian renewable energy agency budget

About australian renewable energy agency budget

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