Emerging Energy Program
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.
2. 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.
Expressions of interest for the capital projects stream and applications for the pre-investment studies stream closed on 2 April 2019.
It is expected that the outcomes of the pre-investment studies application stage and the capital projects expression of interest stage will be determined in the second quarter of 2019.
The diagram above shows the assessment process. Eligible projects will be assessed by the Department against the merit criteria. The Australian Energy Market Operator may provide technical advice which may inform the Department’s assessment. Applications will be assessed individually and may also be assessed in a portfolio analysis to determine the contribution to the program objectives.
If you have questions about the program, including the application process, please email emergingenergy.program [at] planning.nsw.gov.au.