ARENA is seeking to fund innovative proposals that will reduce technical and commercial risks, while growing renewable energy expertise. The federal government agency aims to accelerate solar innovation, deliver secure and reliable electricity, improve energy productivity and export renewable energy.

ARENA is looking for projects that deliver:

  • More affordable energy
  • Higher value renewable energy resources
  • Secure and reliable electricity supply
  • Innovative ways to improve energy productivity Increased skills and knowledge in energy
  • Data to inform new business models and regulatory changes

Why is ARENA important?

The ARENA initiative is important because Australia’s electricity system is changing. Fossil fuel generators are retiring, and more businesses are seeking new ways to buy and use power. Examples include rooftop solar, solar PPAs, microgrids, bioenergy and wholesale energy solutions.

In the investment plan, ARENA reports that renewable energy sources, such as large-scale solar photovoltaic (PV) and wind, have experienced strong growth. This growth has largely been driven by the Renewable Energy Target to provide low cost, low emissions electricity for Australia.

Businesses that invest in new technologies enjoy:

  • New ways of managing power
  • Better cost management
  • More potential to invest into other areas of their business
  • The opportunity to contribute to Australia’s future

The path to better energy for Australian businesses

Turning to new ways to buy and use power can further long-term renewable resource development. These approaches and their technologies would create cost-competitive low emissions options to balance and operate the national grid by 2030.

The result? Better integrated distributed energy that can meet up to half of Australia’s electricity needs by 2050. And that’s just the beginning.

The ARENA investment plan offers a more in-depth look at how Australian businesses can harness more affordable, reliable and secure power.

Any questions? We’re here to help.

If you’re interested in learning more about the ARENA initiative, our friendly team are always available for a chat.

If you’re an existing Flow Power customer, please do not hesitate to reach out to your account manager.

If you’re not a Flow Power customer contact our friendly team today:

📞 1300 08 06 08 (within business hours)

🖥️ Live chat message (within business hours via the chat button at the bottom of your screen)

Alternatively, you can submit your questions through our website contact form here.