INTIEAAustralia · Federal government/ South Australian Energy and Emissions Reduction DealPolicyIn force

Federal government/ South Australian Energy and Emissions Reduction Deal

The Australian government and South Australian government agreed on the State Energy and Emissions Reduction Deal.    This deal grants AUD 1.08 billion to add additional secure, affordable and low carbon energy generation capacity to the grid, and reach the Paris Agreement…

آخر تعديل قبل 3 سنوات.

العرض المستخرج للقراءة · النص الأصلي للأدلة الامتثالية

دورة الحياة

  1. نافذ
  2. آخر تعديل

Country / jurisdiction: Australia · Year: 2021 · Status: In force · Level: National · Type: Voluntary

The Australian government and South Australian government agreed on the State Energy and Emissions Reduction Deal.

This deal grants AUD 1.08 billion to add additional secure, affordable and low carbon energy generation capacity to the grid, and reach the Paris Agreement targets. It also targets a new interconnection between South Australia and New South Wales, as well as gas supplies (to prevent shortfalls on the market).

The plan includes:

- additional 50 petajoules per annum of gas by the end of 2023, and 80 petajoules per annum by 2030

- AUD 400 million in Commonwealth funding for investment in carbon capture and storage, electric vehicles, hydrogen and other projects to cut emissions in South Australia

- up to AUD 100 million joint support for Project EnergyConnect to boost the flow of power between South Australia and New South Wales

- up to AUD 110 million in Commonwealth concessional finance for solar thermal and other storage projects in South Australia.

The Commonwealth will provide AUD 660 million to the total budget, and South Australia will provide AUD 422 million.

Official source: https://www.energy.gov.au/news-media/news/energy-and-emissions-reduction-agreement-sa

المصدر

https://www.iea.org/policies/13365

الوثيقة الرسمية لدى الجهة التنظيمية. استشهد دائماً بهذا الرابط — لا بصفحة تفاصيل Vantage — في أدلة الامتثال.

ذات صلة في International

INTEnergy Newsoilprice:oilprice-article-45490أخبارIn force

Oil Industry Braces for Years-Long Iran War

Oil producers, traders, and refiners are bracing for a prolonged war between the United States and Iran in the Persian Gulf with little to no hope of a quick resolution. By extension, they are also preparing for higher prices for longer, a theme present at this year’s edition of the Asia Pacific Petroleum Conference. Reuters’ Clyde Russell reported this week that the mood at APPEC was not particularly cheerful as hostilities in the Middle East escalate once again, suggesting achieving peace would be quite a challenge. The Reuters columnist…

قبل 11 ساعة
INTEnergy Newsoilprice:oilprice-article-45486أخبارIn force

Stolen Electricity is Powering Illegal Crypto Farms Across the Globe

Electricity theft is a global problem, and it’s getting more dire all the time. While the problem is most common in developing countries, where grid infrastructure is limited and utilities and state authorities have lower oversight capacities, developed countries are not immune either. This theft can occur in many forms and at many scales, from individuals tapping into power lines to power their individual residences to large-scale and sophisticated theft schemes to power entire cryptocurrency mining farms. Just this week, Mexican authorities…

قبل 13 ساعة
INTEnergy Newsoilprice:oilprice-article-45475أخبارIn force

The Race to Solve Nuclear Energy’s Biggest Problem

Nuclear power is growing in popularity once again as governments worldwide look to diversify their energy mix and reduce reliance on fossil fuels. Several countries are now looking to develop or expand their nuclear energy capacity over the coming decades. However, one challenge remains – nuclear waste. Disposing of waste materials from nuclear energy operations remains a complex task with no perfect solution. As countries worldwide have grown their nuclear power capacity, many governments are still struggling to decide on the best solution…

قبل 15 ساعة
INTEnergy Newsoilprice:oilprice-article-45473أخبارIn force

Iran’s Security Crackdown Runs Into Resistance From Within

Iran's parliament is trying to turn fears of foreign infiltration into law. But as lawmakers work through the legislation, the debate is exposing an increasingly awkward question for the Islamic Republic: How far should the state go in policing Iranians' contact with the outside world? At the center of that debate is Parliament Speaker Mohammad Baqer Qalibaf, who, at least publicly, is doing a balancing act. He has defended the need for tougher measures against foreign infiltration while warning that the current draft of the legislation goes too…

قبل 17 ساعة
INTEnergy Newsoilprice:oilprice-article-45474أخبارIn force

Why More Homes Are Switching From Gas to Heat Pumps

Heat pumps are becoming an increasingly popular alternative to gas-powered central heating systems and are increasingly being used in new construction, often driven by government incentives. A heat pump uses technology similar to that found in a refrigerator or an air conditioner, extracting heat from a source, such as the surrounding air, and amplifying and transferring the heat to where it is needed. As most of the heat is transferred rather than generated, heat pumps are far more efficient than conventional heating technologies such as boilers…

قبل 19 ساعة