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Powering the Regions Fund — Safeguard Transformation Stream

Powering the Regions Fund — Safeguard Transformation Stream

Offers research teams and institutions for Powering the Regions Fund Safeguard Transformation Stream in energy systems, climate technology, and manufacturing.

OpenDepartment of Climate Change, Energy, the Environment and WaterAustraliaDeep-tech · adjacent

The Powering the Regions Fund — Safeguard Transformation Stream (PRF-STS) is an Australian Government program providing AUD $600 million in matched competitive grants to help trade-exposed industrial facilities covered by the Safeguard Mechanism bring forward decarbonisation investments. Administered by the Department of Climate Change, Energy, the Environment and Water (DCCEEW) and delivered thro

Matched competitive grants for trade-exposed Australian industrial facilities covered by the Safeguard Mechanism to fund decarbonisation technology investments in metals, critical minerals, chemicals, and cement sectors.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.Rolling
Next deadlineiThe next date applications are due. Rolling means you can apply any time.Rolling
Decision timeiTypical time from the deadline to the funder's decision.
Project durationiHow long the funded work is expected to run.
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.50%
Funding pooliThe total budget available across all awards in this round.AUD 600M

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Last verified: 29 Jun 2026Source: www.dcceew.gov.au