Global Trade Alert
Global Trade Alert

Australia: Australian government invests AUD 1 billion in Grid Reliability Fund

Announcement

30 Oct 2019

On October 30th, 2019, the Australian government announced an AUD 1 billion (USD 687.2 million) Grid Reliability Fund to be administered by the Clean Energy Finance Corporation (CEFC).

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Number of interventions

2

1 certainly harmful

1 likely harmful

0 liberalising

List of interventions

Implementation date

30 Oct 2019

Revocation date:

No revocation date

Updated: 30 Oct 2019
Local value added incentive In force
<p>The Clean Energy Finance Corporation (CEFC) financing is subject to the Australian Industry Participation (AIP) policy. This framework states that all programs enclosed in this policy must en...
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Implementation date

30 Oct 2019

Revocation date:

No revocation date

Updated: 30 Oct 2019
Capital injection and equity stakes (including bailouts) In force
<p>On October 30th, 2019,&nbsp;the&nbsp;Australian government announced&nbsp;the launch of an AUD 1 billion (circa USD 687.2 million) Grid Reliability Fund to be administrated by the...
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