Tag: australia

Australia provides $180 million in grants to promote carbon capture

Australia has committed to providing $180 million in grants to support the development of carbon capture, use and storage (CCUS) projects, part of a broader technology push to help cut carbon emissions, while still allowing for the use of gas and coal. The funds will be used to support the design and construction of carbon capture hubs and shared infrastructure, as well as carbon capture technology research and commercialization, and the identification of viable carbon storage sites.

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Edify Energy gets approval for green hydrogen project in Australia

Edify Energy has obtained a development approval to build and operate a green hydrogen production plant with a capacity up to 1 GW in Queensland, Australia. The company will also build a behind-the-meter solar photovoltaic and battery storage facility at the Lansdown Eco-Industrial Precinct in Townsville, Queensland. The green hydrogen facility will be developed from a pilot scale of 10 MW and expanded further in the future as per market demand.

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Accelerating corporate Australia’s transition to net zero

Australia’s largest corporations are making ambitious commitments to decarbonise, with many announcing plans to become carbon neutral by 2050. The pathways to achieving these goals are likely to be varied and multi-faceted. In the short term, companies can consider procuring renewable sourced energy or purchasing offsets and increasing energy efficiencies, but there are some hard-to-abate areas that will require longer-term solutions.

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Carbon Capture and Storage under Australia’s Emissions Reduction Fund

In 2020 the Australian Government’s Low Emissions Technology Statement identified carbon capture and storage (CCS) as one of several priority low emissions technologies. At the request of the government and against the backdrop of emerging projects, the Clean Energy Regulatory began developing a CCS method (or methodology) under the Emissions Reduction Fund. Inclusion under the ERF would allow CCS projects to generate Australian Carbon Credit Units (ACCUs) and thereby generate income.

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Hydrogen Production Center of Excellence to be established in New South Wales

Sweetman Renewables Limited and Singapore’s CAC-H2 Private Limited have entered into a joint venture to establish a hydrogen production center of excellence. The center will be located in Hunter Valley, New South Wales, Australia. The deal amounts to an investment of AUS $15 million from CAC-H2, in return for 80 per cent ownership in Sweetman Renewables.

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Redesigning the national electricity market in Australia

The Energy Security Board (ESB) in Australia released its recommendations for the redesign of the national electricity market on August 26, 2021. These were submitted to energy ministers on the Energy National Cabinet Reform Committee (ENCRC) at the end of July 2021. The ESB is recommending four key pathways for reform to manage both the orderly exit of old technologies (especially ageing coal fuelled generation) and pave the way for new technologies.

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ARENA announces $43 million Industrial Energy Transformation Studies Program

On behalf of the Australian government, the Australian Renewable Energy Agency (ARENA) has announced the upcoming launch of the $43 million Industrial Energy Transformation Studies Program. It has been announced as part of the Federal Budget and aims at identifying opportunities to reduce energy costs and emissions in the industrial sector.

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Australia launches $68 million hydrogen industry mission

ustralia’s Commonwealth Scientific and Industrial Research Organisation launched a new research mission to drive down the cost of hydrogen production to under $2 per kilogram and position Australia to lead the world in exporting hydrogen by 2030. Under the Mission, more than 100 projects worth $68 million have been proposed over the next five years. The goal of this Mission is to support the vision of a clean and competitive hydrogen industry for Australia by delivering research, development, and demonstration partnerships that help make Australia’s hydrogen markets a reality.

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New South Wales to house large scale ‘hydrogen valley’ project

The Hunter region in New South Wales will house Australia’s first-ever hydrogen valley, unlocking potential world-class energy resources of the Central West, New England, and Hunter-Central Coast renewable energy zones. The project is dubbed the Hunter Hydrogen Network (H2N) and will carry out large-scale hydrogen production, transportation, and export projects to enable the development of a hydrogen economy in the region.

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ARENA invests $103 million in three green hydrogen projects in Australia

Australian Renewable Energy Agency (ARENA) has allocated $103 million to three green hydrogen pilot projects in a bid to kickstart the industry. Of the three projects, two are located in Western Australia and are currently being developed by Engie Renewables Australia and ATCO Australia. The third project, located in Victoria, is being developed by the Australian Gas Networks (AGN) Limited.

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EDF Renewables acquires 280 MW wind project in Australia

EDF Renewables has acquired a wind farm project in the Australian state of Queensland. The project is expected to have a power generating capacity of about 280 MW and also has approval for a battery storage component. The project, named Banana Range wind project has been purchased from Goldwind Australia and Lacour Energy.

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Australia’s race to a renewable future

Australia has some of the best renewable energy resources in the world, and right now it has the best ever opportunity to harness them for national and global good. WWF’s Renewable Superpower Scorecard presents a snapshot of how Australia’s state, territory and federal governments are performing in the race to become a renewable superpower.

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