Advanced Electricity Storage Technology

Country	Australia
Year Implemented	2004
Policy Status	Ended
Date Ended	June 2009 (Closed to new applications; funded projects currently underway)
Agency	•Department of Resources Energy and Tourism
Funding	AUD 20.5 million|Annual Funding: 04/05 - AUD 0.8m, 05/06 - AUD 3.7m, 06/07 - AUD 5.8m, 07/08 - AUD 5.8m
Related Policies	Securing Australia's Energy Future - White Paper on Energy
Policy Type	•Financial •Incentives/Subsidies   •Grants •RD & D   •Research Programme
Policy Target	•Multiple Renewable Energy Sources   •All
Policy Sector	•Electricity
Description	The research and grant programme is designed to increase the commercial tractability of intermittent electricity generation sources such as wind and solar and improve their contribution to the power market. The programme will consider support for projects demonstrating batteries, electro-mechanical and chemical storage technologies in either on-grid situations, or off-grid situations that could lead to on-grid usage. The programme is now closed and funding has been fully committed. The programme has awarded funding to five projects.
URL	www.ret.gov.au/energy/energy%20programs/advanced_electricity_storage_technologies_program/Pages/AdvancedElectricityStorageTechnologies.aspx