energy

The federal government has announced that it will provide funding via the Australian Renewable Energy Agency (ARENA) to build an online platform that encourages businesses to start using renewable energy. The Business Renewables Centre Australia will be a resource centre and an online marketplace designed to accelerate the purchase of renewable energy by Australian businesses … Continue reading Renewable energy online marketplace to be established →

The federal government is backing the Northern Territory’s energy resources sector by locking in $1 million to help boost competitiveness and productivity. The new funding has been made available through the industry-led growth centre NERA (National Energy Resources Australia), the Australian Government’s Growth Centre for the oil, gas and energy resources sector. Minister for Resources and Northern … Continue reading NT energy resources innovation to get $1m boost →

The CSIRO has released a blueprint for the development of an economically and environmentally-sustainable hydrogen industry in Australia that it says will enable decarbonisation across the nation’s energy and industrial sectors. According to the CSIRO’s report, the National Hydrogen Roadmap, the ongoing maturation of hydrogen technologies – now moving from research and development to market … Continue reading CSIRO releases hydrogen industry roadmap →

NERA (National Energy Resources Australia) has approved more than $1.8 million in new project funding that will lead industry collaboration and drive innovation across Australia’s energy resources sector. Through the industry-led growth centre NERA, the Federal Government will provide the funding to support seven new projects that are backed by oil and gas, coal and … Continue reading New energy resources projects driving national collaboration →

State and territory energy ministers, headed by Federal Energy Minister Josh Frydenberg, decided on Friday to continue discussions on the National Energy Guarantee (NEG). The ministers, who form the Council of Australian Governments’ (COAG) Energy Council have agreed to send the NEG policy to the final design and drafting legislation stage before a vote at … Continue reading COAG Energy Council ministers give the go ahead to NEG →

The Council of Australian Governments (COAG) Energy Council, comprising state and territory energy ministers, headed by Federal Energy Minister Josh Frydenberg, is meeting today to decide whether the proposed National Energy Guarantee (NEG) proceeds to a final policy design in August or not. Proposed by the Energy Security Board in October 2017, the National Energy Guarantee looks to encourage new investment … Continue reading COAG to decide final direction of NEG today →

Australian clean energy provider Protean Energy has announced that it has utilised a $120,000 grant funding from the Korean government for the development and testing of the V-KOR range of vanadium redox flow batteries in Australia, in conjunction with its Korean affiliate KORID Energy. The grant has been issued by the Korean Institute of Energy … Continue reading Protean Energy to test V-KOR batteries in Western Australia →

Western Australia energy provider, Synergy, has appointed diversified engineering and infrastructure company PCR Tomlinson for construction and commissioning of a $60 million expansion to the Greenough River solar farm. The 10MW Greenough River solar farm, located in Walkaway, Western Australia, was the country’s first utility-scale solar farm when it first opened in October 2012. The clean, … Continue reading Synergy appoints RCR for Greenough River solar farm expansion →

Resource and energy exports are on track to reach a new record level of $230 billion in 2017-18 and earn a trillion dollars for Australia in the next five years. The March 2018 Resources and Energy Quarterly released yesterday by the department of industry, innovation and science mentions higher iron ore and coal prices and … Continue reading Resources, energy exports setting new records →

US based Harbour Energy has confirmed that Santos Limited (Santos), Australia’s thrid largest energy producer has agreed to grant Harbour access to due diligence pursuant to Harbour’s non-binding offer to acquire 100 per cent of the fully diluted ordinary shares of Santos by way of scheme of arrangement. The indicative offer price is US$4.98 (A$6.50) … Continue reading Harbour Energy greenlight to pursue Santos acquisition →

The Victorian Government has announced the launch of two large-scale battery storage initiatives to provide backup power and grid-stabilisation function. The two projects are being delivered by private consortia Edify Energy and Spotless Sustainability Services, with $25 million from the Labor Government and matched funding from the Australian Renewable Energy Agency. The Tesla 25MW/50MWh battery … Continue reading Victoria announces launch of two large-scale batteries →

Acting Energy Minister Mark Ryan and Energy Queensland CEO David Smales today welcomed 23 new Energex apprentices at the EsiTrain facility in Brisbane. Ryan said the new apprentices were being welcomed into Energy Queensland, the parent company of Energex and Ergon Energy – the largest electricity distribution company in Australia and “a family of 7,400 … Continue reading New Energex apprentices for Brisbane EsiTrain facility →

Australia’s resources and energy export earnings increased by 1.2 per cent to reach a record level of $52.5 billion in the September quarter of 2017. Minister for Resources and Northern Australia Matt Canavan said the figures in the December 2017 Resources and Energy Quarterly (REQ) showed the value of the resources sector to the Australian … Continue reading Resources and energy earnings reached $52b in Q4 2017 →

The Victorian State government has stated that it will build a major new wind farm with battery storage in Western Victoria that will power the expansion of Stawell’s Nectar Farms. This project will make the advanced agriculture facility what the state government calls “the world’s first ever crop farm” to be completely powered by renewable energy. The … Continue reading Renewable energy to power Stawell Farm a “world’s first” →

Ten teams have been selected for the latest round of ON Accelerate, a structured, full-time accelerator that brings together the experience and expertise of established researchers, entrepreneurs and inspiring mentors. CSIRO Chief Executive Dr Larry Marshall said that ON had uncovered science and technology solutions for some of Australia’s biggest challenges in energy, food and … Continue reading CSIRO announces 10 teams for ON Accelerate →

In a press release by PR Newswire, energy companies British Petroleum (BP) and Shell will be leading a consortium of companies that include Statoil, trading houses Gunvor, Koch Supply & Trading, Mercuria, banks ABN Amro, ING and Societe Generale to create a blockchain energy trading platform. The move indicates a major shift to create and invest in … Continue reading Blockchain-based platform for energy trading: energy companies leading the charge →

In a statement by the Victorian state government, North-East Victoria is set to lead the way in solar energy production thanks to several local solar farm projects. Speaking at the Northern Victoria New Energy Technology Roundtable in Shepparton yesterday, Minister for Energy, Environment and Climate Change Lily D’Ambrosio said regional Victoria had an essential role to … Continue reading NE Vic to go big on solar power →

The ACCC has published a preliminary report into the electricity market highlighting significant concerns about the operation of the National Electricity Market, which is leading to serious problems with affordability for consumers and businesses. The Retail Electricity Pricing Inquiry preliminary report details the ACCC’s initial assessment of information it has gathered including documents and data from industry, … Continue reading ACCC report on electricity affordability, competition issues →

The Victorian government has said that Alcoa’s Portland smelter has restored production capacity lost following a power outage in December last year that they say will boost the confidence for manufacturing workers and local businesses. Premier Daniel Andrews and Member for Western Victoria Gayle Tierney met Alcoa workers and contractors to celebrate completion of the … Continue reading Alcoa smelter production capacity restored →

Praxair has announced that it’s shareholders approved the business combination with Linde AG at Praxair’s special meeting of shareholders. This approval completes a key milestone in combining two leading companies in the global industrial gas industry under a new holding company named “Linde plc.”  Earlier this year, Linde had made public its planned $80 billion (A$102 … Continue reading Shareholders agree to $102b Praxair, Linde merger →