The Victorian Government is continuing to back research and development that harnesses our valuable resources to generate new industries and local jobs in a low emissions environment.
Minister for Resources Jaclyn Symes has announced further funding of $600,000 for Australian Carbon Innovation to continue its work in developing high-value, low emission products using the Latrobe Valley’s significant brown-coal resource.
“It’s important to back innovation in the pursuit of new jobs and industries – I know the Gippsland Regional Partnership has flagged that Latrobe Valley locals want to see investment in new technologies,” Minister for Resources Jaclyn Symes said.
Australian Carbon Innovation can now maintain its operations and seek additional partnership opportunities to further research and develop new high-value products from brown coal including hydrogen, carbon fibres, graphenes and fertilisers.
The state government’s Statement on Future Uses of Brown Coal sets the parameters around the use of coal to ensure only low-emission product development can take place.
Australian Carbon Innovation has a track record of achievement in furthering low-emissions opportunities for Victoria’s brown coal resources, including its work with Federation University to deliver a feasibility study for the establishment of the Regional Carbon Innovation Centre in Gippsland.
The production of clean hydrogen from brown coal in the Latrobe Valley is a significant opportunity for creating jobs and boosting the state’s low emission fuel capability.