Steel and aluminium magnate Sanjeev Gupta has made an impassioned call for Australia to use its natural resources to produce green hydrogen for export but also to embrace green steel manufacture and export. Speaking at an AmCham meeting in Adelaide today Gupta, chairman of GFG Alliance, announced investment to boost the company’s output of magnetite…
The government aims to create a major green hydrogen export industry, particularly to Japan, for which Australia signed an export deal in January. But as our latest research suggests, the likely scale may well be overstated. We show Japan has more than enough solar and wind energy to be self-sufficient in energy, and does not need to import either fossil fuels or Australian green hydrogen. Indeed, Australia as a “renewable energy superpower” is far from a sure thing.
Two recent announcements hint at a seismic shift about to hit Australia’s coal industry.
Australian tech billionaire Mike Cannon-Brookes and Canada’s Brookfield put forward an extraordinary joint bid to takeover AGL Energy, Australia’s biggest emitting company, over the weekend. If successful, it would see AGL’s coal-fired power stations shut down early. And last week, Origin Energy announced that the country’s largest coal plant, Eraring, will close seven years early.
The shadow of COVID and the associated policy failures of the federal government hang heavy over the coming election, with the campaign certain to be chaotic and full of distractions. Here Lance Worrall looks at the biggest policy idea launched to date – Labor’s National Reconstruction Fund. Many voters were shocked to discover early in…
By Michael Sharpe As I write, the regional New South Wales town of Wee Waa is cut off by flood waters. There is widespread flooding across the North West of the State. In 2007, just west of Wee Waa, I was standing in the famous Cafe De Luxe at Brewarrina with Angelo Pippos. Opened in…
By Simon Holmes à Court, The University of Melbourne At the United Nations climate summit in Glasgow last week, more than 40 countries pledged to phase out coal-fired power. Some were big coal-using countries such as Poland, Canada and Vietnam – however Australia was not among them. Australia was similarly absent for a methane reduction…
By Brent Balinski Industry brokers to link smaller companies with Australian research infrastructure are a way to boost local manufacturing, according to Science and Technology Australia. The peak body, representing over 80,000 of the country’s scientific and technology workers, made the recommendation to the Senate’s manufacturing industry inquiry, which is due to report next month.…
Stanwell Corporation has been awarded a grant of $2.17 million from the Australian Renewable Energy Agency (ARENA), which will assist a $10.4 million feasibility study for exporting hydrogen to Japan from Gladstone, Queensland. The project will look at the feasibility of producing and exporting green hydrogen volumes up to 36,500 tonnes annually, beginning in 2026,…
New research released today confirms Australia’s offshore wind resources offer vast potential both for electricity generation and new jobs. In fact, wind conditions off southern Australia rival those in the North Sea, between Britain and Europe, where the offshore wind industry is well established.
Australia’s mining and manufacturing sectors working together is key to unlocking our potential as a renewable energy powerhouse according to a report released today by CSIRO. CSIRO’s Critical Energy Minerals Roadmap highlights the potential to reshape mining to turn resources such as lithium and silicon into products for renewable energy, like electric vehicles, solar panels…
