Our Investment Priorities
We support the companies and institutions that are building our future energy system.
Our funding and investment plan lists our three investment priorities and address the key areas that can help create a smooth transition to renewable energy.
2019 investment priorities
Priority 1. Integrating renewables into the electricity system
By investing in innovative ways to use, store, manage and share renewable energy, ARENA can help provide affordable, secure and reliable electricity for Australians through the energy transition.
Priority 2. Accelerating hydrogen
ARENA will help drive innovation in hydrogen supply chains, from production to end use, creating opportunities across the domestic economy, and positioning Australia to become a major renewable energy exporter.
Priority 3. Supporting industry to reduce emissions
ARENA will help Australian industry reduce emissions by investing in innovative and replicable technologies and processes that increase the adoption of renewable energy (including renewable electricity, renewable fuels, solar thermal, hydrogen and bioenergy).
Funding and investment plans
We contribute funds to renewable energy projects according to our General Funding Strategy and Investment Plan.
We use the principles in the General Funding Strategy to identify investment priorities, which are outlined in the Investment Plan.
ARENA recently brought the Managing Director of Germany’s Energy Agency to Australia to share her knowledge with our energy industry, and deliver a keynote speech at the Insights forum.Read more
A second interconnector with Tasmania is a step closer, with TasNetworks’ assessment of the business case finding a 1500 MW link is feasible and could begin operating as soon as 2027.Read more