Dept of Climate Change, Energy, Environment & Water
The Australian Government has opened Round 2 of the Safeguard Transformation Stream (STS).
STS Round 2 will support trade-exposed Safeguard Mechanism facilities to reduce their emissions. Up to $321 million in grant funding is available.
The STS is technology neutral. Technologies supported in Round 1 included:
- renewable energy
- energy efficiency
- electrification.
The STS is part of the Powering the Regions Fund announced under the Powering Australia plan. The STS complements other initiatives, such as a Future Made in Australia and Net Zero by 2050.
You can now read the Round 2 Guidelines and apply via business.gov.au.
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