Business
Clean energy agency set for ‘real evolution’ in post-COVID economy – Sydney Morning Herald
Australia’s clean energy investment agency is broadening its focus from renewables to hydrogen and the electricity grid to help the economy recovery from COVID.
The $1 billion Grid Reliability Fund, which was announced last year by the Morrison government, comes as additional funding on top of the $10 billion allocated when the agency was established in 2012.
Energy and Emissions Reduction Minister Angus Taylor said CEFCs impending work on hydrogen and grid reliability were “clear examples of the governments ongoing commitment to accelerating new technologies and confirming Australias place as a global leader in low emissions technologies”.
Mr Learmon…
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