Introducing our new editorial series – Saving through smarter energy use
Today we launch our new editorial series – Saving through smarter energy use. By Brent Balinski.
HILT CRC to decarbonise heavy industry
The federal government has announced $39 million in funding to an ambitious project linking researchers, miners and heavy industry aimed at decarbonising the sector. The Heavy Industry Low-carbon Transition Cooperative Research Centre (HILT CRC) has also attracted $210 million in cash and kind contributions from universities and companies involved. Leading business players include ADBRI cement,…
Manufacturing news briefs – stories you might have missed
Senate rejects ARENA fossil fuel plans The Senate took advantage of the absence of Senator Pauline Hanson to reject government plans to extend the remit of the Australian Renewable Energy Agency to allow it to invest in so-called ‘low-emissions technologies’. The opposition, greens and cross-benchers feared this would divert funds set aside for investment in…
Champagne of the energy transition: Australia could supply large quantities of green hydrogen as early as 2023
So far, green hydrogen is only available in homeopathic doses at high prices, which is why it is repeatedly referred to as the “champagne of the energy transition”.
CSIRO launches $68 million, five-year Hydrogen Industry Mission
CSIRO has launched a $68 million, five-year Hydrogen Industry Mission, to support over 100 projects in the service of a hydrogen production under $2 per kilogram goal.
manufacturing news briefs – stories you might have missed
Treasury Wine grows profits again after China hit At an investor information day Treasury Wine Estates, the maker of Penfolds wines, revealed its profits were recovering following a period affected by the Covid-19 pandemic and the imposition of punitive import tariffs by China. The company told investors its second half operating profit in FY21 would…
Hydrogen floats boost green economy hopes
The stock market goes through cycles rather like fashion with cannabis and lithium stocks snatching the limelight in recent times. Now hydrogen floats and capital raisings are all the rage with two company announcements since the long weekend. Infinite Blue Energy has raised $10 million through a pre-IPO offering to investors to accelerate its development…
Hydrogen transport era dawns in Australia
Andrew Forrest has taken the first steps in his promise to embrace a hydrogen future with Fortescue Metals Group placing an order for hydrogen powered buses. The order, part of a $32 million renewable hydrogen mobility project, will see 10 full-sized hydrogen coaches (pictured) built by Hyzon Motors, to replace diesel coaches at the Christmas…
‘I choose green hydrogen’ (and steel) by Andrew Forrest – his Boyer lecture in full
Fortescue Metals Group founder Andrew Forrest stunned investors when he committed to massive investments in green hydrogen and green steel production in his recent Boyer lecture. Here is the full text of this landmark speech. The Boyer lectures are traditionally lectures – a speaker lecturing Australia about what it should do. I’ve chosen a different…
Andrew Forrest’s stunning aim to build green steel plant in 2021
Andrew Forrest’s Fortescue Metals Group has stunned investors with the announcement it will construct Australia’s first green steel production plant in 2021 and develop massive renewable power resources to produce green hydrogen. Delivering the prestigious Boyer Lecture, Forrest said the time for green hydrogen and green steel had come. Forrest said: “We aim to start…