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Australian Government Announces CCUS Development Fund Recipients

8th June 2021

The Australian Government has announced the six successful applicants of the CCUS Development Fund. The $50m fund - part of the Government's $1.9n new energy technology package - seeks to accelerate the development and deployment of carbon capture projects.

The successful applicants are:

(Project Location)
Applicant Project Grant Amount
SA Santos Limited Moomba Carbon Capture and Storage (CCS) Project $15,000,000
QLD Energy Developments Pty Limited Landfill Gas Carbon Capture and Use Project (the Project) $9,000,000
NSW, ACT Mineral Carbonation International Pty Limited Australian CCU Flagship: Demonstrating decarbonisation for heavy industry $14,600,000
NSW Boral Limited Turning mineral waste to carbon sink - a low cost carbon storage technology $2,400,000
SA Corporate Carbon Group Pty Ltd Pilot Direct Air Carbon Capture, Use & Storage: off-site abatement & ACCUs $4,000,000
QLD Carbon Transport and Storage Corporation (CTSCo) Pty Limited CTSCo Surat Basin CCUS Project $5,000,000


Minister for Energy and Emissions Reduction, Angus Taylor, said that the overwhelming demand for funding through the Development Fund was indicative of the "viability and importance" of carbon capture technologies. The Minister also highlighted the regional investment the funded projects would deliver.

Find more information on the fund here.

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