Australian Government funds seven projects under its CCS Research Development and Demonstration Fund
On 12 August 2016, the Australian Government announced AUD$23.7 million of funding for seven projects under its CCS Research Development and Demonstration Fund. This funding was allocated on a competitive basis and is matched at least dollar-for-dollar by grant recipients. The projects are intended to address technical and commercial aspects of transport and storage for large-scale projects in Australia. The seven projects are:
- Carbon Transport and Storage Company/Glencore – CCS Demonstration Project in the Surat Basin of Queensland
- Shell Australia – subsurface assessment of the Petrel Sub-Basin in the Northern Territory
- Peter Cook Centre/University of Melbourne – subsurface multi-physics simulation software
- CSIRO – injection and measuring activities in the Lesueur Formation in Western Australia, and extension of IHI’s post combustion capture pilot plant at AGL’s Loy Yang power station
- Energy Pipelines CRC – testing of CO2 pipeline safety and efficiency
- University of Queensland – geotechnical and techno-economic study of deep aquifer dynamics.
This funding represents the first policy announcement regarding CCS from the recently re-elected Liberal/National Government, which has now combined ministerial responsibilities for energy and environment into a single portfolio. This was viewed favourably by many stakeholders given the links between the two policy areas, and has been followed by further announcements by senior government officials to coordinate policy at the state and federal levels.
Further details about the Government’s announcement can be found here.