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

2 in force

Implementation date

30 Oct 2019

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On October 30th, 2019, the Australian government announced the launch of an AUD 1 billion (circa USD 687.2 million) Grid Reliability Fund to be administrated by the Clean Energy Finance Corportation (...

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Implementation date

30 Oct 2019

Revocation date:

No revocation date

Local value added incentive In force

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 encourage t...

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