Connecting Renewables Fund

Country	Australia
Year Implemented	2010
Policy Status	In force
Agency	•Department of Resources, Energy and Tourism
Funding	AUD 1 billion over 10 years
Policy Type	•Policy Processes   •Institutional Creation •Public Investment   •Infrastructure Investment
Policy Sector	•Electricity
Size of Plant Targeted	Large
Description	The Government recognises the importance of transmission infrastructure to connect new large scale renewable projects expected to come online in coming years. The Connecting Renewables Fund (CRF) will invest AUD 1 billion over the next decade in electricity networks to facilitate connecting renewable energy projects to the grid. The CRF aims to accelerate the development of transmission infrastructure that supports the connection of renewables generation that otherwise would not proceed without Australian Government support. Investments will be through co-contributions with governance arrangements to be consistent with the national energy market framework.
URL	www.martinferguson.com.au/page15090/Connecting-renewables.aspx