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AUDepartment of Climate Change, Energy, the Environment and WaterGovernmentOpen now

Powering the Regions Fund – Safeguard Transformation Stream Round 2

Energy funding for companies, offered by Department of Climate Change, Energy, the Environment and Water.

Closing date

May 2027

days left

Funding
Not stated
Total pool available: $321,000,000
Where
ACT, NSW, VIC, SA, WA, QLD, NT, TAS, Administered TerritoriesCommonwealth of Australia
Opened
5 February 2026
Application linkRemind me before it closes

The direct link to Department of Climate Change, Energy, the Environment and Water's application page opens with the trial.

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Verified against Department of Climate Change, Energy, the Environment and Water's own page on 24 Oct 2026The full record

Who can apply

  • Companies

These are the applicant types Department of Climate Change, Energy, the Environment and Water lists for this program. It is a starting filter, not the full eligibility test, and the guidelines on the official page are what decide an application.

Eligibility, in Department of Climate Change, Energy, the Environment and Water's own words

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What Powering the Regions Fund – Safeguard Transformation Stream Round 2 funds

What this money is forEnergy

This grant opportunity was announced in January 2023 as part of Government’s Safeguard Mechanism Reforms to support the Government’s ambition for Australia to become a renewable energy superpower. The Australian Government has announced a total of $600 million over the life of the program in recognition of the specific challenges faced by trade exposed facilities. For this second round of the Powering the Regions Fund - Safeguard Transformation Stream approximately $321 million is available from 2025-26 to 2032-33.

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That description is Department of Climate Change, Energy, the Environment and Water's own wording, reproduced from the official listing under CC BY 4.0 (Australian Government default open licence). Our plain-English summaries are being written program by program and this one has not been done yet.

How to apply

Applications are made through

Department of Climate Change, Energy, the Environment and Water

Not through GrantWindow. We do not take applications, charge a fee or act as an intermediary, and any site that offers to apply on your behalf for a government grant is worth a very careful look. The direct link to Department of Climate Change, Energy, the Environment and Water's own application page is one of the two facts a trial opens, alongside the exact closing date.

Application link
  • Applications close in May 2027. Government grant portals are busiest on the final day and several of them shut on the stroke of the deadline, so the practical advice is to submit a day early.
  • Confirm details on the official page before applying. GrantWindow records what the funder published and when we read it. We are not the funder and this page is not legal, financial or eligibility advice.
Common questions

About Powering the Regions Fund – Safeguard Transformation Stream Round 2

Answered from this program's own record, and re-read against the funder's page every night.

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When does Powering the Regions Fund – Safeguard Transformation Stream Round 2 close?

Department of Climate Change, Energy, the Environment and Water has this round closing in May 2027. The closing month is shown to every reader with no account at all; the exact day, the funder's own closing time, a live countdown and the link to the funder's application page open with a free 7 day trial. Government portals shut on the stroke of the deadline, so submit a day early.

How much funding is available through Powering the Regions Fund – Safeguard Transformation Stream Round 2?

Department of Climate Change, Energy, the Environment and Water does not publish a funding amount for this program, so this page does not show one. The figure, where there is one, is in the guidelines Department of Climate Change, Energy, the Environment and Water publishes on their own page, which this record names and carries the link to.

Who can apply for Powering the Regions Fund – Safeguard Transformation Stream Round 2?

Department of Climate Change, Energy, the Environment and Water lists this program as open to companies. That is a starting filter rather than the full eligibility test: the criteria in the funder's guidelines are what decide an application.

Is Powering the Regions Fund – Safeguard Transformation Stream Round 2 still open?

It was open now when we last read Department of Climate Change, Energy, the Environment and Water's own page, on 24 Oct 2026. Every source is re-read nightly and this page carries the date of the last read.

Who runs Powering the Regions Fund – Safeguard Transformation Stream Round 2, and does GrantWindow take a cut?

Powering the Regions Fund – Safeguard Transformation Stream Round 2 is offered by Department of Climate Change, Energy, the Environment and Water in Commonwealth of Australia. Applications are made through the funder, never through GrantWindow: we take no applications, charge no fee and act as no intermediary. Any site offering to apply on your behalf for a government grant is worth a very careful look.

Where this record came from

Sourced from GrantConnect (grants.gov.au), © Commonwealth of Australia, used under CC BY 4.0.

  1. Read fromgrants.gov.auGrantConnect - Current Grant OpportunitiesThe address of Department of Climate Change, Energy, the Environment and Water's own listing for this program is one of the two facts a trial opens.
  2. Published underCC BY 4.0CC BY 4.0 (Australian Government default open licence)
  3. Last checked24 Oct 2026The day we last read this program on the funder's own page.

Attribution and licence notices