Up to $30 million grant funding for Carbon Capture and Use Technologies
As part of the Carbon Capture, Use and Storage (CCUS) Hubs and Technologies program, the Australian Government have allocated $150 million to the Technologies stream to support innovative advancements and deployment of CCUS technologies.
Eligible applicants can apply for grants of between $1 million and $30 million, on a 50:50 co-contribution basis, to deliver projects which address at least one of the following three focus areas:
Researching, developing or commercialising carbon capture and storage technologies
Researching, developing or commercialising CO2 utilisation technologies
Feasibility and geological studies into new potential CO2 storage locations
Eligible applicants must have an ABN, be non-tax exempt and be registered for GST, and must be one of the following entities::
An entity incorporated in Australia and a trading corporation (trading or financial activities must form a significant proportion of the entities overall activiites)
A foreign corporation
An incorporated trustee on behalf of a trust where the trustee is also a trading financial or foreign corporation
An Australian State or Territory Government agency or body
An authority of the Commonwealth such as the CSIRO
Eligible activities may include:
geological studies and assessments, including well appraisals
constructing, installing and commissioning of CCUS equipment and software
process design and engineering, including feasibility studies
monitoring the performance of the CO2 supply, and the reliability and quality of the CCUS assets
transformation of CO2 to create economically viable products
consultation and planning, including community, industry, government and research engagement
Applications close on 8 November 20201, at 5PM (ACT local time). More information and the grant application documents can be found here.