Australian Industry ETI Delivery Stage Project
- $2m Funded by ARENA
- $4m Total project cost
Summary
The Australian Industry ETI (Energy Transitions Initiative) Delivery Stage Project aims to accelerate action by Australian industry towards net zero emissions in hard-to-abate sectors by 2050, while managing the transition to thrive in a decarbonised global economy.
Need
Industry has an important role in decarbonising the energy system. Early uptake and effective integration of renewable electricity, electrification and renewable hydrogen can help Australia achieve competitive costs for reliable decarbonised energy.
The project focuses on 5 industry supply chains of steel, aluminium, liquefied natural gas, other metals (such as lithium, copper and nickel) and chemicals (particularly fertilisers and explosives).
These supply chains collectively contribute more than one-quarter of Australia’s annual greenhouse gas emissions and generate exports worth around $160 billion.
Learn more
Report: Australian Industry ETI Delivery Stage Pathways to Industrial Decarbonisation: Phase 3
The report details pathways to industrial decarbonisation in key Australian supply chains and identifies a possible, but challenging, pathway consistent with global efforts to limit warming to 1.5ºC.
Report: Setting Up Industrial Regions for Net Zero: Phase 2
This report builds on analysis developed by the Australian Industry ETI. This study profiles the decarbonisation potential of four regions in detail and provides analysis on the decarbonisation opportunities in a fifth region, Gladstone.
Media Release: Funding Boost for Initiative to Reduce Industrial Emissions
ARENA is continuing to support an initiative bringing together major Australian businesses and industry stakeholders to reduce emissions in hard-to-abate sectors.
Presentation: Australian Industry Energy Transitions Initiative
This presentation on the Australian Industry Energy Transitions Initiative (ETI) summarises work undertaken as at June 2021.
Action
The Australian Industry ETI Delivery Stage Project is structured around 3 phases. Since launching Phase 1 in July 2020, the initiative’s 16 company participants have come together to explore opportunities, understand the challenges and identify areas of mutual interest (See Phase 1: Current State and Future Possibilities).
Jointly convened by ClimateWorks Australia and Climate-KIC Australia in collaboration with global partners, the Energy Transitions Commission, Rocky Mountain Institute, CSIRO and BloombergNEF,
Phase 2 of the project will:
- bring together companies and industry stakeholders working across 5 hard-to-abate supply chains
- provide information to support these organisations’ commitment towards net zero emissions
- coordinate engagement activities to support collaboration within and across supply chains
- identify action and demonstration projects that support transition towards net zero emissions.
Outcome
This intended outcomes from this project include:
- accelerated informed industry action through a better understanding of opportunities across supply chains
- stronger partnerships that support coordinated action between industry, customers, trading partners and suppliers
- industry collaboration around the establishment of at least one large multi-stakeholder demonstration project
- participants to lead and contribute to public discourse on net zero emissions supply chains
- industry views and insights shared with Federal and State governments.
ARENAWIRE Blogs
Australia can slash industrial emissions, create jobs: report
A major new report outlines opportunities for Australia to cut industrial emissions to a fraction of their current level and create hundreds of thousands of jobs in the process.
Reducing emissions in heavy industry
New funding will help to explore ways to decarbonise the production of everything from metals to chemicals and explosives.
