In October 2020, the Australian Government announced AUD 2.47 billion in funding for measures that aim to lower energy prices, reduce emissions and boost the economy. As part of this initiative, the Program has been allocated AUD 50 million over six years (2020-21 to 2025-26) to support pilot projects for microgrids in regional Australia.
The Program aims to support microgrid projects that:
- Have been found to be feasible through a feasibility study or equivalent investigation
- Include the deployment of equipment and technology solutions that enable the microgrid demonstration
- Demonstrate improved resilience and reliability of microgrids in regional areas
- Are capable of resolving remaining barriers to final investment and full deployment.