Clean Energy Future Fund

Clean Energy Future Fund

What is the Clean Energy Future Fund

The Clean Energy Future Fund provides support to innovative clean energy projects in Western Australia, promoting significant greenhouse gas emission reductions and the deployment of new technologies for a net zero transition.


Background

The Clean Energy Future Fund is a pivotal initiative by the Western Australian Government to bolster the state’s clean energy sector. Aimed at small to medium-sized enterprises, it underpins efforts to enhance international competitiveness and innovation in clean energy technologies. This fund is designed not only to significantly reduce greenhouse gas emissions through innovative projects but also to foster job creation in the new energy economy. By supporting the development and adoption of groundbreaking clean energy solutions, the program propels Western Australia towards a sustainable, low-emission future, reinforcing the state’s commitment to environmental stewardship and economic diversification.


Objective

The objectives of the Clean Energy Future Fund are to:

  • Achieving a significant and cost-effective reduction in greenhouse gas emissions below projected or baseline levels through the deployment of clean energy projects.
  • Supporting the design, deployment, testing, or demonstration of innovative clean energy projects that have the potential to deliver broad community benefits and lead to widespread adoption, contributing to substantial greenhouse gas emissions reduction.
  • Catalysing the transition towards a net-zero emissions future by encouraging the development and application of new technologies and solutions.
  • Enhancing Western Australia’s energy sector’s capacity to contribute to national and global efforts in combating climate change and promoting environmental sustainability.


Eligible Entities

Eligible entities for the Clean Energy Future Fund are:

  • Australian entities incorporated under the Corporations Act 2001 (Cth) or the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth), ensuring broad participation from corporate structures.
  • Local government entities, government research organisations, universities, or consortia with an eligible entity leading, facilitating collaboration across sectors and disciplines.
  • Entities must have a valid Australian Business Number (ABN) and be registered for the Goods and Services Tax (GST), ensuring financial readiness and compliance.
  • Not listed on the Australian trade sanctions consolidated list, ensuring alignment with national and international regulations and policies.
  • Management teams composed of individuals who are fit and proper persons to undertake the project’s authorised activities, promoting integrity and responsibility in project management.


Eligible Expenditure

The eligible activities for the Clean Energy Future Fund are:

  • Implementation of innovative clean energy projects that significantly reduce greenhouse gas emissions below projected or baseline levels.
  • Design, deployment, testing, or demonstration of innovative clean energy projects likely to deliver community benefits or lead to broad adoption and significant reductions in greenhouse gas emissions.
  • Trials and implementation of new technologies necessary for Western Australia’s transition to net zero, supporting the state’s commitment to a sustainable energy future.


Funding

Between $100,000 and $4 million is available on a basis of 1:1 matched funding for the Clean Energy Future Fund.


Eligible Activities

Eligible expenditure for the Clean Energy Future Fund includes:

  • Development and deployment of innovative clean energy technologies
  • Projects aimed at significant, cost-effective reduction in greenhouse gas emissions
  • Design and testing of clean energy solutions likely to lead to broad adoption and emission reductions
  • Implementation of community-benefiting clean energy projects
  • Research and development of new technologies necessary for a net zero transition
  • Collaboration with research institutions for clean energy innovations
  • Training and capacity building for the adoption of clean energy technologies
  • Purchase of specialised equipment necessary for the implementation of clean energy projects
  • Support for the commercialisation of clean energy innovations


How to get the Clean Energy Future Fund

In order to get the Clean Energy Future Fund you will need to focus on:

  • Showcase the project’s potential for significant emissions reduction. Highlight how your clean energy solution can achieve cost-effective reductions in greenhouse gas emissions.
  • Demonstrate innovation and community benefits. Emphasise the innovative aspects of your clean energy project and its potential to benefit the community or lead to wide adoption.
  • Explain the project’s alignment with net zero transition goals. Your application should clearly link the project to the strategic goals of aiding Western Australia’s transition to net zero emissions.
  • Outline a clear and feasible project plan. Detail your project’s design, deployment, and expected outcomes, showing a well-thought-out path to success.
  • Prove the project’s financial viability and need for funding. Use the provided financial model to present a compelling case for how the grant will make a pivotal difference in project realisation.
  • Detail the likelihood of project success. Provide evidence or precedents that bolster your project’s chances of successful implementation and desired impact.
  • Highlight partnerships with research institutions or industry experts. Collaborations that enhance project credibility and technical capacity are advantageous.
  • Demonstrate readiness for implementation. Show that your project is not just a concept but ready for immediate or near-term execution.
  • Show how the project supports key industries in Queensland. Projects that strengthen and diversify the economy are looked upon favourably.
  • Detail job creation and regional engagement. Explain how your project will create new jobs and engage with or benefit regional areas.


Timing

The closing date for the Clean Energy Future Fund is 10 June 2024 at 8AM.


More Information

Source
Guidelines

Round 1 Recipients

to install 5 megawatts (MW) of modular, re-deployable solar panels at Northern Star’s Carosue Dam gold mine. The flexibility to redeploy the solar panels removes a key barrier to using green energy at mine sites, where a mine may cease operating before the cost of the solar panels has been recovered. The installation is complete and generating more energy than modelled.

to install 30 MW of solar power at the Homestead mine site in the Goldfields, supplying power to the Paddington Mill and Mungari Mill sites and batteries at each of the mills (10 MW and 5 MW respectively, each with one hour’s storage). This will reduce the impact of outages and support Western Power’s local substation. This project is in progress.

Round 2 Recipients

to build a high-temperature pyrolysis plant to produce 18 million litres of renewable diesel per year, as well as biochar and wood vinegar.

to build 1.5 MW pumped hydroelectric storage in Walpole using two farm dams to store 30 MWh and increase grid reliability.

to build a wind, solar and battery microgrid incorporating biogas and existing solar generation. This will serve a piggery, citrus farm and potentially other farms in Moora.

to pilot replacing gas with electricity for calcination of alumina to decarbonise the refining process, giving Western Australia a commercial advantage to grow a green aluminium industry with our abundant renewable

to add solar generation and a DC-coupled battery to an existing solar farm in Merredin.

to add battery storage to a gas-fired power station to replace spinning reserve, which burns gas, with energy stored in the battery to provide instant support to the grid when needed.

FAQ

The Clean Energy Future Fund supports innovative clean energy projects in Western Australia to reduce greenhouse gas emissions and promote the adoption of innovative clean energy solutions.

Australian entities incorporated under specific acts, local government entities, government research organisations, universities, and consortia with an eligible lead applicant can apply.

Projects that significantly reduce greenhouse gas emissions, deploy innovative clean energy solutions, or demonstrate potential for broad adoption and impactful emission reductions are eligible.

Eligible expenditures include costs directly related to the clean energy project’s design, deployment, testing, or demonstration.

Deadlines can vary by funding round. Check the official grant website or contact the administering department for the most current information.

Grants range from $100,000 to $4 million, with a total of $21.7 million available across several rounds.

Yes, applicants need to provide matching funds, but the exact requirements can vary. Check the official guidelines for details.

Yes, regional and Aboriginal businesses are encouraged to apply for this grant.

For expert assistance with your application, contact Bulletpoint, specialists in large grant applications.

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