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Plan for Accelerating Exploration (PACE) Gas Grant Program

Overview

This program aims to increase the supply of gas into South Australia’s energy market to increase gas supplies and increase competition between gas suppliers. Support will be limited to projects with the greatest likelihood of securing new and significant gas supplies to South Australian customers from South Australian gas fields by year-end 2019.

Funding of up to 50% of applicant expenditure to a capped amount likely to be up to $8 million is available.

Where proponents submit more than one application they must demonstrate that they have the financial capacity to match co-payments for all applications in the event that more than one of their project bids are the highest ranked.

A total funding pool of $24 million is available.

As announced in the 2017-18 State government, this program will receive $5 million over four years for discovery drilling to unlock the State’s mineral and gas riches.

Who Can Apply?

Eligible applicants include gas companies both in South Australia and those operating in other jurisdictions that must meet the following criteria:
1. Tenure
- The applicant must represent a project within a current South Australian licence (i.e. Petroleum Exploration Licence (PEL), Petroleum Retention Licence (PRL) or Petroleum Production Licence (PPL). Grant supported projects can be claimed to meet existing minimum work program or expenditure requirements.

2. Shovel-readiness
- The operations must have a relevant, current Statement of Environmental Objectives (SEO) and the applicant must demonstrate all reasonably necessary access to land and facilities.

3. Financial capacity
- The applicant(s) must demonstrate sufficient capacity to match the funds sought through the PACE Gas Grant Program for the proposed project.

Eligible Activities

Eligible projects include, but are not necessarily limited to:
- The accelerated deployment of new technologies to lift existing and new well productivity.
- New gas exploration wells in proximity to existing gas infrastructure.
- New gas processing, storage and transport facilities.

Main Assessment Criteria

The main assessment criteria include:
- Likelihood and materiality of success
- Supply of incremental gas
- Access to infrastructure
- Measurement of outcomes

Please refer to the Guidelines for the complete list of the assessment criteria.

  • Start-up
     
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Documentation Uploaded
Guidelines 2017-12-07 Download
Media Release - Recipients 2018-01-15 Download

Use these documents as a guide only - always get the latest direct from the Administrator

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Category
Business
Dates
Status Pending
Opening Date 17 Mar 2017
Start By Date 22 Sep 2017
Closing Date 6 Oct 2017
Closing Information
The next funding round is yet to be announced.

Value
Funding Type Grant
Max.Funding $8M
Total Funding Pool $27.8M
Co-contribution Yes
Competitive Yes
Eligible Activities
Activities
Infrastructure / Equipment
Environment and Sustainability
Who Can Apply?
Location
South Australia
Industries
Energy and Renewables
Difficulty Rating
Administrator
Tier State
Department
Department for Energy and Mining
Contacts
Program Administrator
Department for Energy and Mining
Telephone
0884292436
Email
Elinor.Alexander@sa.gov.au
General WebsiteVisit
Program Website Visit