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Global Trade Alert

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Australia: Approval of AUD 35 million grant to AGL by ARENA

Description

On 19 December 2023, the Australian Renewable Energy Agency announced that it had approved financial support towards AGL Energy Limited for the development of a new 500 MW/ 1000 MW battery. This trans...

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Intervention Details

Intervention Type

Local value added incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

19 Dec 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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