Australia’s leading companies in the heavy industrial sector will embark on a program that will enable a step-change in the rate at which they transition toward zero net-carbon emissions through the Heavy Industry Low-carbon Transition Cooperative Research Centre, HILT CRC. The HILT CRC has been awarded UD 39 million in cash support over 10 years from the Australian Government to unlock more than AUD 175 million investments from its partners which are located around the country, and fund the leading collaborative venture between heavy industry, government and researchers, who will accelerate this transition.

 

The HILT CRC brings together many of Australia’s leading researchers in this field, drawn from the University of Adelaide, which led the bid, together with the Australian National University, CSIRO, Curtin University, University of Newcastle, Swinburne University, Queensland University of Technology and international partners Arizona State University, German Aerospace, MINTEK and the University of Canterbury.

 

The 57 partners in the CRC will grow one of Australia’s most important industrial sectors, which generates around AUD 180 billion per annum or 9 per cent of the Australian economy, and is a major regional employer.

 

The CRC plans to work collaboratively with industry in regional Australia where the transformational research will be applied. It will be head-quartered in Adelaide, with hubs in Gladstone, the Pilbara, Northern Tasmania, the Upper Spencer Gulf in SA, the Kwinana and South West region in WA, the Southern Highlands of NSW and the Portland region of Victoria: all areas where heavy industry operates.

 

The uptake of low-carbon technologies will help meet the Australian Government’s obligations to the United Nations Paris Agreement.

 

The CRC partners will work together to reduce heavy industry’s CO2 emissions which currently account for some 20 per cent of Australia’s total output. The industrial sector globally accounts for 32 per cent of all CO2 emissions, of which approximately half are from the heavy industrial sector.

source：SteelGuru Business News