ARENA Releases Bioenergy Roadmap for Australia

The Australian Renewable Energy Agency (ARENA), in partnership with Enea Consulting and Deloitte Australia, has developed a roadmap to help the country accelerate its deployment of bioenergy capacity to speed up the energy transition.

According to ARENA, by increasing its bioenergy capacity, Australia can reduce greenhouse gas emissions, ensure secure energy supply, improve waste recovery and revitalise the economy.

Up to AUS$10 billion (US$7.2 billion) can be added to Australia’s GDP per annum by the bioenergy sector and 26,200 new jobs created, greenhouse gas emissions reduced by 9%, and an extra 6% of waste from landfills diverted, stated the Roadmap.

The Australian government has provided AUS$33.5 million (US$24.2 million) in funding to ARENA to support the implementation of the roadmap. The government will use the roadmap to inform the next series of investment and policy decisions by the private and public sectors in the bioenergy industry.

Source: Power Engineering