February 25, 2024

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ARENA Launches Industrial Energy Transformation Studies Programme

The Australian Renewable Energy Agency (ARENA) has announced the launch of the AU$43 million Industrial Energy Transformation Studies (IETS) Programme on behalf of the Australian Government. The programme is part of the 2020-21 Federal Budget and aims to identify opportunities to reduce energy costs and emissions in the industrial sector.

Grant funding will be provided in two streams to support feasibility studies and engineering studies to establish business cases for replicable projects that demonstrate energy efficiency and renewable energy technology solutions for the industry. Applicants can seek AU$100,000 to AU$500,000 for feasibility studies or AU$250,000 to AU$5 million for engineering studies. Companies and organisations in the agriculture, mining, manufacturing, gas supply, water supply, waste services and data centre sectors will be able to avail of the funding.

These sectors are the largest users of energy in Australia, with around half of industrial energy used to produce process heat for industrial and other processes. Renewable energy adoption by industry can also be supported with energy storage including batteries, thermal and material storage and technologies that enable greater flexibility and responsiveness of energy demand, such as digitalisation and enhanced controls.

In the past, ARENA funded several projects that aimed to reduce emissions in the industrial sector, including a Renewable Energy for Process Heat Opportunity study by an Australian non-profit organisation, a utilities company’s Advancing Renewables in the Manufacturing Sector studies programme and the Energy Transition Initiative programme to accelerate decarbonisation across whole supply chains in sectors where abatement has traditionally faced challenges including steel, aluminium, bauxite and chemicals.

The CEO of ARENA noted that the programme will create a pathway for emissions abatement among some of Australia’s largest industrial energy consumers. Enabling large energy users to cut down their emissions is an essential part of decarbonising the economy and helping Australia meet its emissions reduction goals.

Whether by integrating renewable energy into existing processes or increasing energy efficiency to minimise energy demand and cost, the Industrial Energy Transformation Studies Programme will identify credible and innovative solutions to the challenge of reducing emissions in the industry.

Smart, replicable solutions are now needed as Australian industries work towards decarbonising, to help cut energy costs and reduce emissions in hard-to-abate sectors. Through this programme, ARENA is looking to support solutions that can provide blueprints for business across energy-intensive industrial sectors.

About the

Under the IETS Programme, AU$43 million in funding will be rolled out to help large energy users undertake engineering and feasibility studies to identify opportunities to lower energy costs and reduce emissions. The Program aims to support feasibility and engineering studies and associated metering that can enable an investment decision in energy efficiency and renewable energy solutions for industrial processes, which will:

  • deliver a transformational improvement in industrial energy efficiency as compared to business-as-usual energy use; and/or
  • deliver a transformational increase in renewable energy use as compared to business-as-usual energy use; and
  • deliver a transformational reduction in greenhouse gas emissions below business-as-usual emissions, and
  • demonstrate high replicability potential across similar industrial settings.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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