Low Emissions Energy Development Fund
The Low Emissions Energy Development (LEED) Fund supports innovative technology projects at the commercial demonstration, commercialisation and local adaptation stages in Western Australia. The Fund is administered by the Department of Environment and Conservation (DEC). Decisions on funded projects are made jointly by the Ministers for Environment and Energy.
The key objectives of the LEED fund are to support new low-emissions energy technologies in WA to:
- help to ensure clean, competitive and secure energy supplies in the future
- reduce the impact of carbon pricing on energy prices in WA
- form part of WA’s contribution to Australia’s Renewable Energy Target
- address WA specific energy challenges and renewable opportunities
- develop new low emissions industries in WA.
LEED has allocated funding of around $30 million to a range of projects in the areas of:
- wave energy
- ground-source heat pump
- solar thermal power generation
- a mallee harvester for biomass
- bio-fuel from algae
- biomass pyrolysis for co-firing with coal
- anaerobic digestion
- reduced emissions from the LNG industry.
Funding of projects for the fourth and final round has been completed.