Australian Renewable Energy Agency Outcome 1
Support improvements in the competitiveness of renewable energy and related technologies and the supply of renewable energy by administering financial assistance, developing analysis and advice about, and sharing information and knowledge with regard to, renewable energy and related technologies.
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Australian Renewable Energy Agency Program 1.1 | Australian Renewable Energy Agency | To provide financial assistance to Australian researchers, innovators and businesses for projects that have the potential to lead the commercialisation of new renewable energy products or services; and to support collaboration and knowledge sharing to make information and data available to a diverse audience and help increase the spread of ideas |
| # | Program | Body | Contribution |
|---|---|---|---|
| 1.1 | Clean Energy Finance Corporation Program 1.1 | Clean Energy Finance Corporation | The Clean Energy Innovation Fund is jointly managed by the Agency and the Clean Energy Finance Corporation, drawing on their complementary experience and expertise. The Clean Energy Innovation Fund has up to $200 million available for debt and equity investments in emerging clean energy projects and businesses, targeting projects at the later end of the innovation chain while delivering a financial return to taxpayers, in addition to the public good return of improving competitiveness of renewable energy and low emissions technologies. |
| 1.1 | Department of Climate Change, Energy, the Environment and Water Program 1.1 | Department of Climate Change, Energy, the Environment and Water | The Department of Climate Change, Energy, the Environment and Water contributes to Outcome 1 by developing policies for the research, development, demonstration, deployment and commercialisation of renewable energy technologies. ARENA implements these policies. |
| 1.1 | Department of Climate Change, Energy, the Environment and Water Program 1.1 | Department of Climate Change, Energy, the Environment and Water | The Department of Climate Change, Energy, the Environment and Water contributes to Outcome 1 by developing policies for the research, development, demonstration, deployment and commercialisation of renewable energy technologies. ARENA implements these policies. |
| 1.2 | Department of Climate Change, Energy, the Environment and Water Program 1.2 | Department of Climate Change, Energy, the Environment and Water | The Department of Climate Change, Energy, the Environment and Water contributes to Outcome 1 by developing policies for the research, development, demonstration, deployment and commercialisation of renewable energy technologies. ARENA implements these policies. |
| 1.2 | Department of Climate Change, Energy, the Environment and Water 1.2 | Department of Climate Change, Energy, the Environment and Water | The Department of Climate Change, Energy, the Environment and Water contributes to Outcome 1 by developing policies for the research, development, demonstration, deployment and commercialisation of renewable energy technologies. ARENA implements these policies. |
| 1.3 | Department of Climate Change, Energy, the Environment and Water Program 1.3 | Department of Climate Change, Energy, the Environment and Water | The Department of Climate Change, Energy, the Environment and Water contributes to Outcome 1 by developing policies for the research, development, demonstration, deployment and commercialisation of renewable energy technologies. ARENA implements these policies. |
| Body | Outcome | Outcome owner | Contribution | |
|---|---|---|---|---|
| Australian Renewable Energy Agency Program 1.1 | Australian Renewable Energy Agency | Clean Energy Finance Corporation Outcome 1 | Clean Energy Finance Corporation | The Australian Renewable Energy Agency and the Corporation work closely on the Clean Energy Innovation Fund (CEIF), drawing on their complementary experience and expertise. The CEIF has made available $200 million capital for investment in emerging clean energy projects and businesses, targeting projects at the later end of the innovation chain while delivering a financial return to taxpayers, in addition to the public good of commercialising and improving the competitiveness of renewable energy and related technologies. Continued on following page |
| Australian Renewable Energy Agency Program 1.1 | Australian Renewable Energy Agency | Clean Energy Finance Corporation Outcome 1 | Clean Energy Finance Corporation | The Clean Energy Innovation Fund is jointly managed by the Corporation and the Australian Renewable Energy Agency, drawing on their complementary experience and expertise. The Clean Energy Innovation Fund has up to $200 million available for debt and equity investments in emerging clean energy projects and businesses, targeting projects at the later end of the innovation chain while delivering a financial return to taxpayers, in addition to the public good return of improving the competitiveness of renewable energy and related technologies. |
| Australian Renewable Energy Agency Program 1.1 | Australian Renewable Energy Agency | Department of Climate Change, Energy, the Environment and Water Outcome 1 | Department of Climate Change, Energy, the Environment and Water | The Australian Renewable Energy Agency (ARENA) contributes to Outcome 1 by providing financial assistance and sharing knowledge to: support improvements in the competitiveness of renewable energy and enabling technologies; increase the supply of renewable energy in Australia; and facilitate the achievement of Australia's greenhouse gas emissions targets. Continued on following page Linked programs |
| Australian Renewable Energy Agency Program 1.1 | Australian Renewable Energy Agency | Department of Climate Change, Energy, the Environment and Water Outcome 1 | Department of Climate Change, Energy, the Environment and Water | The Australian Renewable Energy Agency contributes to Outcome 1 by providing financial assistance and sharing knowledge to: support improvements in the competitiveness of renewable energy and enabling technologies; increase the supply of renewable energy in Australia; and facilitate the achievement of Australia's greenhouse gas emissions targets. |
| Appropriation | Appropriation subtype | 2023-24 | 2022-23 | |
|---|---|---|---|---|
| Budget Estimate | Estimated Actual | Budget Estimate | ||
| Special Accounts | 0.00 | 0.00 | 0.00 | |
| Administered | Non-operating | 0.00 | 0.00 | 0.00 |
| Administered | Operating | 0.00 | 0.00 | 0.00 |
| Administered | Special Appropriation | 0.00 | 0.00 | 0.00 |
| Administered | Special Purpose Payments | 0.00 | 0.00 | 0.00 |
| Administered | Assets and Liabilities | 0.00 | 0.00 | 0.00 |
| Administered | Subtotal | 0.00 | 0.00 | 0.00 |
| Departmental | External Revenue | 1,330,000.00 | 1,415,000.00 | 1,415,000.00 |
| Departmental | Non-operating | 0.00 | 0.00 | 0.00 |
| Departmental | Operating | 319,090,000.00 | 312,630,000.00 | 312,630,000.00 |
| Departmental | Special Appropriation | 0.00 | 0.00 | 0.00 |
| Departmental | Equity Injections | 0.00 | 0.00 | 0.00 |
| Departmental | Subtotal | 320,420,000.00 | 314,045,000.00 | 314,045,000.00 |
| Total | 320,420,000.00 | 314,045,000.00 | 314,045,000.00 | |