About this event
EIC Members Only
The team at EIC are delighted to be joined by members of the Australian energy utility and renewable developer, AGL, for a roundtable discussion. Australia is seeking to establish itself as a global leader in renewable energy and hydrogen production. The country has a solid pipeline of government-assisted projects, including incentives and national strategies to support their ambition.
The AGL team are visiting the UK to meet with leaders in the field of energy asset development and transition, to understand European best practice and exchange perspectives on opportunities and challenges. Liz Perrone, General Manager Energy Hubs, will discuss the vision and features of AGL’s Energy Hubs in more detail and the Australian policy landscape supporting investment in manufacturing and supply chains, as well as discussing the Australian energy market more broadly.
Australia has set ambitious renewable energy targets, aiming to expand onshore and offshore wind, solar, and battery storage to achieve net-zero emissions by 2050. The Government is incentivising growth in both manufacturing and deployment of renewables through targeted funding. The government’s Capacity Investment Scheme (CIS) seeks to underwrite 32 GW of renewable projects, with the first 6 GW allocation planned for 2024. Additionally, the Future Made in Australia (FMIA) plan is investing $22.7 billion in key areas to support this transition. This includes initiatives like the Solar Sunshot program, which funds up to $1 billion for solar PV innovations, and the Battery Breakthrough program, which funds up to $500 million to enhance Australia’s battery manufacturing capabilities. These aim to create a skilled workforce, enhance local supply chains, and ensure that communities benefit from the net-zero transition.
Additionally, the government is focusing on production of green hydrogen utilising vast renewable wind and solar power resources available in Australia, with up to 57 GW of capacity planned in the pipeline. The Australian government is investing in the Hydrogen industry through multiple incentives, such as the Hydrogen Headstart program, the Advancing Hydrogen Fund, Hydrogen Production Tax Incentive and the FMIA.
Event Details
Date: Monday 7th April 2025
Time: 10am for 10.30-11.30am
Venue: EIC London Office
Cost: FREE