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Pages tagged "capacity investment scheme"

Expanded Capacity Investment Scheme - Design Paper (March 2024)

Establishing the Capacity Investment Scheme is an opportunity that must not be missed by the Australian Government. Properly designed, the Scheme has the potential to deliver many mutually beneficial outcomes - for First Nations communities, and also for proponents - by reducing risk and increasing shareholder value which can be gained through First Nations partnerships and ownership of projects. The Network's submission seeks to identify what these beneficial outcomes could be, and where they could be incorporated into the design of the Capacity Investment Scheme.

Coalition of clean energy stakeholders call for “measured and considered” local content in renewable energy projects

Experience in other countries, such as Canada for example, has demonstrated that First Nations consent, participation, inclusion, ownership and equity can safeguard projects.

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First Nations equity mandated? The design of the Capacity Investment Scheme could be stronger

Australia’s Capacity Investment Scheme, rolling out from April 2024, has room to echo significant First Nations equity participation requirements currently being spelt out in Canada.

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Embedding First Nations outcomes into the government's auction process

Australia can’t let this opportunity be missed. The Federal Government must use the revised Capacity Investment Scheme announcement to design a system that embeds First Nations outcomes into its auction process, bringing everyone together to achieve an inclusive clean energy transition.

Getting this energy transition right

The temperature is rising. The Australian government knows the critical role genuine First Nations involvement plays in this country’s transition. 

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