Energy

Australia’s national science agency CSIRO has rolled out a new report exploring how the Northern Territory (NT) could benefit from carbon capture and utilisation to foster decarbonisation and economic growth.

Minister for Climate Action Lily D’Ambrosio has formalised its emissions reduction target, under Victoria’s Climate Change Act 2017, to cut Victoria’s emissions by 75 to 80 per cent by 2035.

The McGowan Government has allocated $2.3 billion towards new battery energy storage systems in the 2023-24 budget, including a second, larger system at the Kwinana site, after the government announced the first large-scale battery storage system is ready to charge and discharge energy into the grid.

Australian graphene production company Sparc Technologies has commended the Australian Government’s continued and increasing support for green hydrogen production and science and technology as outlined in the 2023-24 Federal Budget.

The McGowan Government is delivering for regional Western Australia through the new 2023-24 budget that features a massive $11.2 billion investment in regional infrastructure, driving new job opportunities in high tech manufacturing, clean energy, and defence industries. 

The Australian Academy of Technological Sciences and Engineering (ATSE) has welcomed the Federal Budget's science and technology measures but called for more strategy and investment to bolster research and innovation reinforced through advanced manufacturing.

Engineers Australia CEO Romilly Madew has welcomed the Australian Government’s 2023 budget for its measures supporting the upskilling of the engineering workforce targeting positive outcomes in AUKUS, manufacturing, sovereign capability, and national energy transition. 

The Australian Renewable Energy Agency (ARENA) has welcomed $2 billion in new financing announced in the 2023-24 Federal Budget for its Hydrogen Headstart initiative that aims to support Australia's largest green hydrogen projects.

The Queensland government announced new legislation that aims to support the state’s booming renewable energy industry with $33 billion in economic activity as well as the creation of up to 10,000 jobs. 

Altech Batteries (ATC) has begun production and fabrication of two 60 kilowatt hour (KWh) battery pack prototypes at the Fraunhofer IKTS facility in Hermsdorf, Germany.