Resources

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