Federal Government Launches Third Round of CIS Tender for Renewable Investment

The Federal Government has kicked off the third Capacity Investment Scheme (CIS) tender, aiming for an impressive 4GW of four-hour equivalent dispatchable capacity or 16GWh in projects for the National Electricity Market (NEM).

The CIS tender is designed to fast-track investment in renewable energy generation like wind and solar, as well as clean, dispatchable storage solutions such as advanced battery systems. Eligible projects must offer a minimum storage duration of two hours and meet a minimum capacity of 30MW.

To support potential participants, the Department of Climate Change, Energy, the Environment, and Water will host a webinar on Monday, November 18. The session will cover the tender guidelines, emphasize the social license requirements, and provide a Q&A for project proponents.

A new market brief is now available, detailing Renewable Energy Transformation Agreement (RETA) allocations by jurisdiction. This document provides clarity on the CIS allocations of both generation and dispatchable capacities across regions, helping proponents understand the allocation framework for CIS Tender 3.

As Australia’s green energy landscape expands, EServices4u is here to help businesses and communities navigate the shift. From renewable consultation to energy audits, EServices4u offers comprehensive support for sustainable energy projects. Explore your path to a cleaner future at www.eservices4u.com.au