Generative AI opportunity worth $2 – $5 billion annually for Australian manufacturers: new report

Australia’s Generative AI Opportunity, a report released by Microsoft and the Tech Council of Australia, claims that manufacturing is in the top four parts of the Australian economy to share in an economic boost estimated to be worth between $45 billion and $115 billion annually by 2030. Generative AI (GAI) is a term referring to…

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Bowen to develop decarbonisation plans, but still no industry plan

By Peter Roberts The Minister for Climate Change and Energy has celebrated a year of achievement on tacking climate change, lambasted the climate ‘fantasy’ of the former Morrison government and outlined his next task – the creation of sector specific decarbonisation plans. In a major speech to the Clean Energy Council Bowen said he would…

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WA funds Northam hydrogen project

The Western Australian government’s Investment Attraction Fund has committed $148.4 million for 40 new projects, including $5 million for one of the state’s first end-to-end green hydrogen production systems. Infinite Green Energy’s (IGE’s) green hydrogen production system in Northam in the state’s wheatbelt will host the small scale green hydrogen production system to supply the…

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Austal built USS Canberra visits Sydney

Perth international shipbuilder has welcomed the arrival of the Austal USA built USS Canberra to Sydney ahead of the vessel’s commissioning on Saturday. Originally designed at Austal Australia and built by Austal at its shipyard in Mobile, Alabama, the Independence-variant Littoral Combat Ship USS Canberra sailed close to the Royal Australian Navy vessel HMAS Canberra.…

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ARENA backs flexible industrial refrigeration power

The Australian Renewable Energy Agency (ARENA) has announced $3.7 million in funding to energy demand response specialist Enel X to demonstrate and scale flexible energy demand solutions in the commercial and industrial refrigeration sector. The ‘Unlocking Flexible Demand in the Commercial Refrigeration Sector’ project is seeking to recruit 440 supermarkets and 13 refrigerated warehouses to…

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Grants up to $20 million open for plastics recycling technology projects

Applications opened on Tuesday morning for the Plastics Technology stream of the federal Recycling Modernisation Fund, offering grant funding of between $1 million and $20 million each to projects concerned with hard-to-recycle plastics. According to a statement from federal environment minister Tanya Plibersek, up to $60 million in total would support projects including: advanced recycling…

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