A just released study from the Institute for Energy Economics and Financial Analysis (IEEFA) found that the cost of electricity generated from nuclear plants as proposed by the federal opposition would likely be 1.5 to 3.8 times the current cost of electricity generation in eastern Australia. The independent think tank estimated typical Australian households could…
The Clean Energy Finance Corporation (CEFC) has made its first investment into greening Australia’s ports through electrification. A $70 million CEFC investment in Flinders Port Holdings (FPH) is the first-ever green financing of container stevedoring operations in Australia and will reduce emissions and help cut costs. The shipping industry is traditionally a hard to abate…
Australia and Germany have signed a deal to deepen cooperation on an Australia/Germany green hydrogen supply chain through a $660 million H2Global funding window to guarantee European buyers for Australia’s hydrogen. The two countries agreed to elevate their existing Energy Partnership to an Energy and Climate Partnership, advancing joint work in climate action and cooperation,…
The federal government has released its new hydrogen strategy, describing it as “a comprehensive formal review and update” of the 2019 version and coming as Australia boasts one of the largest pipelines of projects for any nation. In a statement from energy minister Chris Bowen on Friday, the updated document was described as a blueprint…
The federal government has been deluged with massive offers to build solar projects in the first round of its Capacity Investment Scheme with six new big battery projects getting the green light. Two big batteries will be built in South Australia and two in Victoria with the largest in the former coal power stronghold of…
Seatransport to design ships with closed cell foam Gold Coast based Ship design group Seatransport has secured the approval and exclusive licence for a Class approved closed cell foam for commercial vessels. After six years co-operation with Strathclyde University and a European foam manufacturer overcoming toxicity and flammability issues with marine closed cell foam, Lloyd…
The federal government declared an offshore wind zone off the coast of Bunbury in Western Australia, at least 30 kilometres from shore at its closest point, following a consultation period launched in February to address concerns about the potential impact on marine life. The zone was originally 7,674 square kilometres and began 20 kilometres from…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Ghost Shark autonomous submarine to be manufactured in Sydney The federal government has delivered on its promise of more rapid defence decision making, accelerating the manufacture of the Ghost Shark underwater autonomous vehicle for undersea surveillance, reconnaissance and strike at…
Australia’s newly minted Assistant Minister for a Future Made in Australia Tim Ayres believes opportunities such as the revitalisation of manufacturing come around rarely. Today is one of those opportunities he argues in this excerpt from his address to the National Manufacturing Summit. As the Prime Minister said back in April – we need to…
By Peter Roberts Climate Change and Energy Minister Chris Bowen has topped off a national tour of green energy projects across the country with the inauguration of a community battery in Bondi, New South Wales. Flanked by CEOs Marc England of Ausgrid, Frank Calabria of Origin and Mark Collett of Energy Australia he revealed that…