Funding the future of Australia's energy resources


Friday, 09 August, 2019


Funding the future of Australia's energy resources

The Australian Government is providing $2 million in funding to help deliver the future of energy resources innovation, to be made available through National Energy Resources Australia (NERA) — the government’s Industry Growth Centre for the oil, gas and energy resources sector.

Minister for Industry, Science and Technology Karen Andrews said the Future Technology Project Fund will support collaborative industry projects that accelerate the commercialisation of science and technology in fields such as artificial intelligence (AI) and robotics.

“AI and robotics are critical to improving the productivity and safety of the energy resources sector,” Andrews said.

“The government is committed to helping industry adopt new technologies to increase competitiveness, grow our economy and create jobs for Australians.

“We are looking for projects which will strengthen Australia’s position as a global hub for energy resources innovation and enhance our competitive advantage.”

Minister for Resources and Northern Australia Matt Canavan said Australia should be looking to add value to its natural resources.

“Australia is already an export leader in the raw materials of energy resources,” he said. “By investing in our innovators and helping industry embrace new products and services, we can be a world leader in exportable technology solutions.”

NERA is encouraging applicants from projects that have one or more of the following focus areas impacting the energy resources sector:

  • Remote operations, robotics and artificial intelligence
  • Unconventional gas technologies
  • Hydrogen
  • Decommissioning
     

Project applicants must have matched industry funding and projects must be undertaken in Australia.

Applications must be received by 30 September 2019. For more information, visit https://www.nera.org.au/future-fund-eoi.

Image credit: ©stock.adobe.com/au/chagpg

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