Document ID: chunk:federal_register_of_legislation:F2025L00274:reg:5
Version: federal_register_of_legislation:F2025L00274
Segment Type: reg
Provision Reference: reg 5
Character Range: 2860–3866

5  Prescribed program
 (1) For the purposes of subsection 33(1) of the Act, the Grid Enhancing Technologies Grants Program (the program) is prescribed.
 (2) The program provides competitive grants to NSPs and other eligible applicants, including but not limited to technology or software companies and research organisations, to:
          1.     apply grid enhancing technologies to existing electricity transmission and distribution networks; or
          2.     deliver evidence of commercial and technical viability of grid enhancing technologies.
(3) The program objective is to accelerate the development, trialling and application of grid enhancing technologies in Australian electricity transmission and distribution networks. The program aims to derisk the commercial application of grid enhancing technologies in Australian networks and contribute to the efficient use of networks to allow more renewable energy to enter grids sooner and reduce emissions associated with electricity generation.