The $150 million Renewable Technology Fund (Fund) will support investment, through a series of grants and other financing, in the next generation of renewable technologies and demand management technologies which will improve the reliability and security of the South Australian electricity network, and improve affordability for South Australian consumers.

A key part of our Energy Plan, the objectives of the Fund are to:

• catalyse private sector investment to support further integration of renewable technologies and demand management technologies in South Australia
• collaborate with ARENA and CEFC in relation to investment opportunities in South Australia; and
• fast-track South Australia’s energy transformation and improve electricity market competition.

Investment Guidelines

The Investment Guidelines for the Fund specify how these objectives will be achieved and provide guidance for proponents considering submitting a proposal seeking an investment from the Fund. In particular, the Fund may identify, assess and invest in Investment Opportunities in a number of different ways including in response to various Calls for Proposals.

Call for Proposals

Firming Renewable Generation
Proposals for the construction of plant that will firm-up intermittent renewable generation and contribute to making South Australian renewable energy available on demand.

Bulk Energy Storage
Proposals for the construction of plant that will provide substantial energy storage and synchronous inertia in South Australia, to provide on-demand electricity to the network, improve system security and reliability, competition and support further renewable energy development.

Bioenergy
Proposals for the construction of grid-scale dispatchable bioenergy plant that will contribute to making South Australian renewable energy available on demand.

Further Information

The Fund will be administered by the Low Carbon Economy Unit of the Department of the Premier and Cabinet with oversight from the Energy Plan Implementation Committee which was established to implement the Energy Plan.

Staff may be contacted via email DPCRenewablesSA@sa.gov.au or by calling +61 8 8429 5082 / +61 8 8429 5285.