Renewable Energy Commercialisation Programme

Country	Australia
Year Implemented	1999
Policy Status	Superseded
Date Announced	1999
Date Promulgated	1999
Date Effective	1999
Date Ended	2007
Agency	•Department of the Environment, Water, Heritage & the Arts
Funding	AUD 54 million (for 5 years)
Related Policies	Renewable Energy Industry Development (REID)
Policy Superseded by	Renewable Energy Development Initiative
Policy Type	•Incentives/Subsidies   •Grants •RD & D   •Technology Development
Policy Target	•Multiple Renewable Energy Sources   •All
Policy Sector	•Multi-sectoral Policy
Description	The Renewable Energy Commercialisation Programme (RECP) was a AUS$54 million competitive grants programme, comprising AUD 28 million approved under the Safeguarding the Future package and AUD 26 million under the Measures for a Better Environment package. The programme aimed to reduce greenhouse gas emissions through assisting renewable energy technology commercialisation. Projects were chosen for their strong commercial potential, contribution to diversification of the renewable energy industry and reduction of greenhouse gas emissions. Applicants funded at least 50% of project costs. Applicants applied for funding over five rounds held from 1999 to 2004. The programme also included a AUD 6 million Renewable Energy Industry Development (REID) component.
URL	www.environment.gov.au/renewable/recp/index.html