The Federal Government will allocate $30 million for sustainable energy research and development with the establishment of the Newcastle Institute for Energy and Resources in the Hunter region of NSW.
The Federal Government’s contribution through the Sustainability Round of the Education Investment Fund will be used to develop the institute at the University of Newcastle.
“Working in national and international collaborations, researchers at this world-class facility will conduct innovative research in next-generation energy production,” said Innovation Minister Senator Kim Carr.
“Minimising energy usage in the resources sector will be at the heart of the institute’s work, supporting our resources industry to become cleaner and greener.”
The institute will help transform Australian industries by researching:
- The reduction of energy (and water) consumption in coal and minerals processing and transport
- The reduction of carbon emissions through next-generation Carbon Capture and Storage (CCS) technologies
- Alternative energy sources, including geothermal and polymer solar cells
- Improved efficiency in power generation and
- Smarter, more efficient grids for distributed electricity generation.
The university will develop the institute by purchasing and extending the former BHP Billiton Newcastle Technology Centre.
When completed, the institute will support up to 300 researchers.