Document ID: chunk:federal_register_of_legislation:F2024L01269:clause:1_2
Version: federal_register_of_legislation:F2024L01269
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 6282–7399

2  ARENA's Vision, Mission and Purpose

ARENA is Australia's renewable energy innovation agency.

ARENA's strategic priorities are guided by our vision, mission and purpose, as informed by the object of the ARENA Act, which is:
       * to improve the competitiveness of renewable energy technologies

       * to increase the supply of renewable energy in Australia

       * to facilitate the achievement of Australia's greenhouse gas emissions reduction targets.

ARENA's vision is a prosperous Australia that is a renewable energy superpower in a net zero world.

Our mission is to support the global transition to net zero emissions by accelerating the pace of pre-commercial innovation, to the benefit of Australia.

This mission is tied to ARENA's purpose: ARENA's purpose is to support improvements in the competitiveness and supply of renewable energy and the uptake of energy efficiency and electrification by providing financial assistance and sharing knowledge, to accelerate innovation that benefits all Australians, and facilitates the achievement of Australia's greenhouse gas emissions targets