Energy

The Australian Government is committed to the provision of adequate, reliable and affordable energy to meet future energy consumption needs and to underpin strong economic growth, consistent with the principles of environmental responsibility and sustainable development.

Australian Centre for Renewable Energy

The Australian Centre for Renewable Energy (ACRE) is a component of the Government’s $4.5 billion Clean Energy Initiative (CEI) that will promote the development, commercialisation and deployment of renewable energy and enabling technologies.

ACRE will be a one-stop shop for Australian renewable energy businesses, consolidating these programs:

300 million Renewable Energy Demonstration Program
15 million Second Generation Biofuels Research and Development Program
50 million Geothermal Drilling Program
20 million Advanced Electricity Storage Technologies Program
14 million Wind Energy Forecasting Capability Program
18 million Renewable Energy Equity Fund
$150 million for new initiatives, including funding from the formerly proposed Clean Energy Program.

Until the legislation to establish the ACRE Board is passed by Parliament, an Interim Advisory Board will be appointed.

ACRE was announced on 28 October 2009

For further information please contact:

Sarah Clough
Deputy Chief Executive Officer
Australian Centre for Renewable Energy
Phone: (02) 6243 7127
Email: sarah.clough@ret.gov.au

For general enquiries please contact: acre@ret.gov.au

Page Last Updated: 24/02/2010 8:47 AM