Energy Innovation Fund

Wind turbines

The Victorian Government has developed the Energy Innovation Fund (EIF) to support the commercialisation of innovative, emerging renewable energy technologies in Victoria required to meet the net-zero emissions by 2050 target.

The EIF will be delivered in multiple rounds, with Round 1 applications and Round 2 pre-applications open since 29 January 2021. Applications for Round 1 will close at 2:00pm (AEDT) on 12 March 2021 and Round 2 pre-applications will close at 2:00pm (AEST) on 8 April 2021.

Round 2 applications are anticipated to open in August 2021.

Round 1 of the EIF will be dedicated to offshore wind to complement the State’s activities to understand the sector’s potential contribution to the future energy system.

Round 2 is technology neutral, aiming to support a diverse mix of emerging energy technologies, some of which are yet to become commercially viable on their own.


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