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Australian Renewable Energy Agency

From Wikipedia, the free encyclopedia

Australian Renewable Energy Agency (ARENA)
Independent statutory authority overview
Formed1 July 2012 (2012-07-01)
JurisdictionGovernment of Australia
Employees90 (approx)
Minister responsible
Websitearena.gov.au

The Australian Renewable Energy Agency (ARENA) is an independent agency of the Australian federal government, established in 2012 to manage Australia's renewable energy programs, with the objective of increasing supply and competitiveness of Australian renewable energy sources.

History

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The Australian Renewable Energy Agency (ARENA) resulted from negotiations within the Australian parliament under the Gillard government (June 2010–June 2013), with the intention of providing more secure funding for renewable energy programs in the context of political changes.[1]

Legal establishment came with the passing of the Australian Renewable Energy Agency Act 2011 (ARENA Act),[2] which passed parliament in November 2011 with the support of the Australian Greens and the Liberal and National Coalition opposition as well as the governing Labor Party.[1] ARENA was established in 2012 as an independent statutory authority to manage the government's renewable energy programs,[3] and commenced operations on 1 July 2012.[1]

While ARENA was created as part of the "Clean Energy Future" package together with the Clean Energy Finance Corporation, these are separate institutions. ARENA has consolidated various earlier renewable programs and research and development projects from the Australian Centre for Renewable Energy, the Australian Solar Institute, and the former Department of Resources, Energy and Tourism.[1][4][5]

The Solar Sunshot program, announced by prime minister Anthony Albanese in March 2024, is a A$1 billion fund that delivers grants and production credits to manufacturers of solar panels, to increase the number made in Australia. (As of March 2024, 99% are imported.) The scheme will be run by ARENA. Provision will also be made to manufacturers of other components needed to create renewable energy, and the scheme is part of a plan to provide jobs for those workers currently employed in the coal industry. The new industries will be created in Portland and the Latrobe Valley in Victoria, and Wollongong and the Hunter Region in NSW.[6]

Funding

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ARENA was established with a total funding allocation of $3.2 billion out to 2020. In the 2013 budget the Labor government deferred $370 million of the agency's funding, extending the timeline to 2022. The subsequent Abbott government proposed to cut $435 million from ARENA's budget, followed by an additional $40 million, but has affirmed its support for the agency.[7][8]

Funding programs

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ARENA carries out its mission via the following funding programs:

  • Advancing Renewables Program - Development, demonstration and pre-commercial deployment projects[9]
  • Research and Development - Renewable energy technologies that will increase commercial deployment within Australia[9]
  • Renewable Energy Venture Capital Fund - fosters skills and management capability. It encourages investment in innovative Australian renewable energy companies to strengthen their chance of success[9]
  • Innovation Fund - Emerging Australian technologies & businesses that can accelerate Australia's transition to a renewable energy economy[9]

Investment priorities and projects

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ARENA has listed its three investment priorities and addresses key areas that can help create a smooth transition to renewable energy:[10][11]

  1. Integrating renewables into the electricity system
  2. Accelerating hydrogen
  3. Supporting industry to reduce emissions

ARENA has committed to hundreds of projects (as of March 2024, investment A$2.25billion).[12] These include:

See also

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References

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  1. ^ a b c d Jeremy Thompson (8 July 2011). "Greens hail win on renewables agency". Australia: ABC Online. Retrieved 24 January 2014.
  2. ^ "Australian Renewable Energy Agency Act 2011, Act No. 151 of 2011 as amended". ComLaw. Australian Government. 2012. Retrieved 18 February 2014.
  3. ^ "About ARENA". Australian Renewable Energy Agency. Retrieved 17 February 2014.
  4. ^ "History". arena.gov.au. Australian Renewable Energy Agency. Retrieved 23 February 2014.
  5. ^ "Agency to achieve renewable energy target". The Sydney Morning Herald. 12 October 2011.
  6. ^ Foley, Mike (27 March 2024). "Australian made solar panels: Solar Sunshot program aims to tap into renewables boom". The Age. Retrieved 28 March 2024.
  7. ^ Tom Arup (13 November 2013). "Abbott government to cut $435m from renewable energy agency". Sydney Morning Herald.
  8. ^ Dugald Murray (20 December 2013). "Waging war on the environment does not add up". Sydney Morning Herald.
  9. ^ a b c d "Funding". Australian Renewable Energy Agency. Retrieved 9 September 2019.
  10. ^ "General Funding Strategy and Investment Plan". Australian Renewable Energy Agency. 12 October 2023. Retrieved 23 March 2024.
  11. ^ "Strategic priorities". Australian Renewable Energy Agency. 14 September 2023. Retrieved 23 March 2024.
  12. ^ "Projects". Australian Renewable Energy Agency. 22 March 2024. Retrieved 23 March 2024.
  13. ^ ARENA (22 March 2018). "ARENA to provide $25 million to jointly fund Victoria's first large-scale, grid-connected batteries". ARENA. Retrieved 11 September 2019.
  14. ^ ARENA (23 October 2018). "Victoria's first of two large-scale, grid-connected batteries reaches completion in Ballarat". ARENA. Retrieved 11 September 2019.
  15. ^ ARENA (16 November 2018). "Grid scale battery powers up in Gannawarra". ARENA. Retrieved 11 September 2019.
  16. ^ Jim Lane (1 March 2013). "Australian Government awards $10 million to Licella, Muradel as accelerator towards commercial scale". Biofuels Digest. Retrieved 12 March 2014.
  17. ^ "Australian government commits $20M to advanced biofuels R&D". Biofuels Digest. Archived from the original on 24 March 2014. Retrieved 4 March 2014.
  18. ^ ARENA (11 October 2017). "AEMO and ARENA demand response trial to provide 200 megawatts of emergency reserves for extreme peaks". ARENA. Retrieved 11 September 2019.
  19. ^ ARENA (5 April 2019). "AEMO to trial integrating Virtual Power Plants into the NEM". ARENA. Retrieved 11 September 2019.
  20. ^ ARENA (28 March 2018). "Simply Energy to build 8MW virtual power plant in Adelaide". ARENA. Retrieved 11 September 2019.
  21. ^ ARENA (16 February 2017). "Battery storage set to strengthen South Australian grid". ARENA. Retrieved 11 September 2019.
  22. ^ ARENA (22 October 2018). "Renewables to drive ultra-rapid electric vehicle network". ARENA. Retrieved 11 September 2019.
  23. ^ ARENA (3 July 2018). "Green hydrogen innovation hub to be built in WA". ARENA. Retrieved 11 September 2019.
  24. ^ Marshall, Alys; Murphy, Hannah (18 March 2024). "Outback Australia enters green hydrogen race with multi-billion-dollar project given government backing". ABC News. Retrieved 23 March 2024.
  25. ^ Simmons, David (19 March 2024). "WA hydrogen project is almost four times larger than Whyalla's". InDaily. Retrieved 23 March 2024.
  26. ^ ARENA (13 August 2014). "Off-grid renewable solution moves closer to fruition". ARENA. Retrieved 11 September 2019.
  27. ^ ARENA (12 October 2015). "Another giant step for large-scale solar at Broken Hill". ARENA. Retrieved 11 September 2019.
  28. ^ ARENA (14 January 2016). "ARENA selects 22 large-scale solar projects to take next step". ARENA. Retrieved 11 September 2019.
  29. ^ ARENA (1 March 2016). "Moree Solar Farm starts feeding into the grid". ARENA. Retrieved 11 September 2019.
  30. ^ ARENA (18 December 2015). "Pumped hydro storage could breathe new life into old mines". ARENA. Retrieved 11 September 2019.
  31. ^ ARENA (17 November 2017). "One step closer for giant Kidston solar and pumped hydro". ARENA. Retrieved 11 September 2019.
  32. ^ ARENA (21 December 2017). "Snowy 2.0 feasibility study released". ARENA. Retrieved 11 September 2019.
  33. ^ ARENA (21 June 2018). "Tarraleah hydropower redevelopment powers ahead". ARENA. Retrieved 11 September 2019.
  34. ^ Geraldine Chua (22 January 2014). "Australian PV engineer takes top prize for cutting cost of solar power". Infolink. Retrieved 20 February 2014.
  35. ^ "Construction starts on Nyngan solar plant". ABC News. Australian Broadcasting Corporation. 29 January 2014. Retrieved 20 February 2014.
  36. ^ Vassilios Agelidis (14 March 2014). "Big solar could boost Australia's power, if renewables funding stays". The Conversation Australia. Retrieved 20 February 2014.
  37. ^ "Kogan Creek Solar Boost project". Australian Renewable Energy Agency. Archived from the original on 8 March 2014. Retrieved 23 February 2014.
  38. ^ Giles Parkinson (6 February 2014). "World's biggest solar booster project delayed by "difficulties"". Renew Economy. Retrieved 23 February 2014.
  39. ^ "Solar thermal progress". The Transcontinental. Australia. 22 January 2014. Retrieved 17 February 2014.
  40. ^ "Federal funding for wave energy venture". ABC News. Australia: Australian Broadcasting Corporation. 4 July 2012. Retrieved 16 February 2014.
  41. ^ "Port MacDonnell wave energy project 'on track'". ABC News. Australian Broadcasting Corporation. 12 June 2013. Retrieved 16 February 2014.
  42. ^ "Oceanlinx wave of success". Australian Renewable Energy Agency. 25 October 2013. Retrieved 16 February 2014.
  43. ^ Young, Emma (23 January 2020). "Perth closing in on landfill-free future as global renewables giant buys into waste-to-energy". The Sydney Morning Herald. Retrieved 27 August 2021.
  44. ^ Young, Emma (18 October 2018). "Perth glimpses end of landfill age as Kwinana waste plant build begins". The Sydney Morning Herald. Retrieved 27 August 2021.
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