For a net-zero future
Babcock & Wilcox News
Leading the world in clean power production technology
Role of government support in decarbonization of Australian mining industry
Ushering in a clean energy future that not only benefits the environment but also safeguards nations’ energy reliability and security requires effective technology. It also requires funding.
Prime Minister Anthony Albanese and the Australian government designated funding in the 2023-24 budget for clean energy provisions intended to directly benefit Australia’s mining industry for the reduction of carbon dioxide (CO2) emissions. Included is a program to increase international engagement to attract investment for strategic mining projects.
Yet funding isn’t the only challenge for the mining sector because it also needs to identify and implement technological solutions that will make this goal a reality. B&W’s Asia-Pacific regional headquarters, based in Perth, has been working closely with energy, industrial and mining customers throughout Australia to identify opportunities and implement solutions for clean energy generation, hydrogen production, carbon capture and more.
For example, in October 2021, we announced an agreement with Port Anthony Renewables Limited to jointly develop a biomass-to-hydrogen clean energy project in Port Anthony, Victoria, Australia utilizing B&W’s BrightLoopTM technology – an innovative chemical looping solution that can use virtually any fuel to produce hydrogen, steam or syngas and capture CO2 emissions for storage or beneficial use. The plant is expected to be part of the largest green hydrogen hub in southeastern Australia.
B&W has commercial-ready technology and stands ready to work with government and the private sector to help Australia and the world achieve our climate and decarbonization goals. With support and funding from the private and public sectors, we’re ready to help the mining industry meet their goals, using proven and effective solutions.
B&W’s Alan Duke, Clean Energy Development Director in the Asia-Pacific, provided additional commentary in Resources Review earlier this month.