Industry News

Industry groups have largely welcomed the Labor government’s decision to invest in services including law and order, education and health in the 2024-25 budget.

The Territory’s resources sector said increased spending in the budget was on the back of past and projected revenues sourced front the Barossa and Beetaloo gas provinces.

Chief Minister and Treasurer Eva Lawler’s second budget contained record expenditure, created record debt and moved the economy close to the government’s self-imposed $15bn debt ceiling.

NT Minerals Council chief executive Cathryn Tilmouth said the budget reinforced the heavy reliance on the minerals industry to provide budget revenue.

She said with NT mines at Groote Eylandt and Gove expected to close around 2030, there is enormous needs to find alternative sources of own-sourced revenue.

“You’re looking at some mines closing by the end of the decade if the NT Government doesn’t secure investment in opening new mines before that, then the economy is vulnernable and exposed to those conditions,” she said.

“The Minerals Council welcomes the ongoing investment in exploration through

the $9.5m commitment to the NT Geological Services’ Resourcing the Territory program.”

Australian Energy Producers NT director David Slama said gas was crucial to the NT Government’s rollout to net-zero emissions by 2050.

“The Budget shows the Territory Government is focused on delivering practical solutions on the road to net zero and underscores the importance of gas in Australia’s energy transformation,” Mr Slama said.

“The Budget continues to help progress development of the extraordinary opportunity of the Beetaloo Basin and Middle Arm Sustainable Development Precinct, while reinforcing the economic importance of the Barossa project.”

“The oil and gas industry also supports the Resourcing the Territory exploration program, delivering investment in the NT and supporting new energy supply with all of its benefits.”

NT Chamber of Commerce chief executive Greg Ireland said Territorians will benefit from the spin-offs of investment in health, education and policing.

“If you look at this from a liveability retention perspective, this is setting the scene,” Mr Ireland said.

“We have to invest in those social issues and have to make our environment more conducive to business wanting to stay here and invest in the Territory.

Industry groups have largely welcomed the Labor government’s decision to invest in services including law and order, education and health in the 2024-25 budget.

The Territory’s resources sector said increased spending in the budget was on the back of past and projected revenues sourced front the Barossa and Beetaloo gas provinces.

Chief Minister and Treasurer Eva Lawler’s second budget contained record expenditure, created record debt and moved the economy close to the government’s self-imposed $15bn debt ceiling.

NT Minerals Council chief executive Cathryn Tilmouth said the budget reinforced the heavy reliance on the minerals industry to provide budget revenue.

She said with NT mines at Groote Eylandt and Gove expected to close around 2030, there is enormous needs to find alternative sources of own-sourced revenue.

“You’re looking at some mines closing by the end of the decade if the NT Government doesn’t secure investment in opening new mines before that, then the economy is vulnernable and exposed to those conditions,” she said.

“The Minerals Council welcomes the ongoing investment in exploration through

the $9.5m commitment to the NT Geological Services’ Resourcing the Territory program.”

Australian Energy Producers NT director David Slama said gas was crucial to the NT Government’s rollout to net-zero emissions by 2050.

“The Budget shows the Territory Government is focused on delivering practical solutions on the road to net zero and underscores the importance of gas in Australia’s energy transformation,” Mr Slama said.

“The Budget continues to help progress development of the extraordinary opportunity of the Beetaloo Basin and Middle Arm Sustainable Development Precinct, while reinforcing the economic importance of the Barossa project.”

“The oil and gas industry also supports the Resourcing the Territory exploration program, delivering investment in the NT and supporting new energy supply with all of its benefits.”

NT Chamber of Commerce chief executive Greg Ireland said Territorians will benefit from the spin-offs of investment in health, education and policing.

“If you look at this from a liveability retention perspective, this is setting the scene,” Mr Ireland said.

“We have to invest in those social issues and have to make our environment more conducive to business wanting to stay here and invest in the Territory.

“If the big projects are not forthcoming we’ve literally got all the chips on the table because with a $12bn debt in a few years time we are exposed if they don’t.”

Master Builders NT chief executive Ben Carter said housing would be an essential element in future economic growth.

“In addition to resources, defence investment is underpinning their budget vision for the next 10 years, which is a good thing and NT Master Builders encourages the Government to continue to support that,” Mr Carter said.

“The gaping hole in this budget is housing, and without a massive boost in private sector housing, it’s going to undermine the ability in the Territory to realise the benefits of defence and other investment.”

Lord Mayor Kon Vatskalis praised Ms Lawler for her support for gas.

“The good things the government has made the right decision supporting Barossa, supporting Beetaloo despite the opinions of some people, but I’m sorry, you can’t make an omelette without breaking eggs, and you can minimise the impacts on the environment by other means.”

Source: The NT News

Budget 2024 is focused on delivering on Chief Minister Eva Lawler’s common sense plan to lower crime and get more Territorians into work.

Improving community safety is front and centre of the Budget, with a record breaking $561 million police budget for 2024-25. The Lawler Labor Government is investing an extra $570 million over five years in Police. 

As part of the common sense plan to lower crime, the Lawler Labor Government will recruit an extra 200 police officers, upgrade infrastructure, employ 25 new emergency call-takers and CCTV operators and provide ongoing funding to the Territory Safety Division. 

Budget 2024 includes $1.2 billion in funding for public order and safety, and $723 million in social protection to build safer and more resilient communities.

Budget 2024 will deliver cost of living support to Territorians, with the Lawler Labor Government increasing the community service obligation (CSO) for utilities – including the uniform electricity tariff CSO – by $55.2 million to $164.2 million.

Power in the Territory is heavily subsidised through the CSO. This investment in continuing the CSO subsidy to keep power prices low means an average household is saving $1200 and an average small business saving $2200, when compared with not investing in the CSO.

Budget 2024 includes increasing the value of the prepaid cards for Territory Seniors from $500 to $550, $8.2 million to continue delivering Back to School vouchers – which were increased by $50 to $200 – and $5.7 million to continue delivering the Sport Voucher Scheme.

The Lawler Labor Government’s unprecedented investment into education will start to flow into classrooms from early 2025, with the education budget for government schools increasing by $100 million to a record $890 million. With non-government schools and other education services included, the funding figure is $1.34 billion.

There is also $109.2 million to support vocational education and training and ensure the skill requirements of the Territory economy are met through training, workforce growth and skilled migration initiatives.

Budget 2024 includes a commitment of more than $4.4 billion in infrastructure investment across the Territory.

Some of the infrastructure projects being delivered by the Lawler Labor Government include $4 billion for the joint Territory and Commonwealth investment in remote housing, $209 million for Central Arnhem Road upgrades, $189.3 million for upgrades to the Outback Way corridor, $80.1 million for Tanami Road upgrades, $52.7 million for the Northern Territory Art Gallery, $50.4 million for infrastructure upgrades to reposition Jabiru as a tourism and regional services hub,  $30.3 million to develop the Katherine Logistics and Agribusiness Hub, $17.2 million to enhance recreational fishing infrastructure and many more projects across the Territory.

The Territory economy is forecast to grow by 2.3% in 2024-25, supported by growth in public expenditure and a recovery in household consumption, as pressure on household budgets ease.

Public investment is expected to increase by 11.2% in 2024-25, following strong growth in previous years.

Public investment is forecast to average $2.3 billion per annum from 2023-24 to 2027-28 and provide significant support to the Territory economy and jobs with a steady supply of road infrastructure works, remote housing and defence projects.

There is a general government net operating balance deficit of $410 million in 2024-25, and surpluses every year over the forward estimates

Quotes attributable to Chief Minister and Treasurer, Eva Lawler:

“This is a common-sense budget, a budget that acknowledges our two highest priorities — keeping Territorians safe and getting Territorians working.”

“I’m working every day to deliver my common sense and comprehensive plans to lower crime and get the Territory working – and that’s why we are delivering record amounts to support police and fully fund our schools.”

Source: Northern Territory Government newsroom

The Australian Government has released a medium and long-term strategy that establishes the role gas will play in the transition to net zero by 2050, securing affordable gas for Australia as we move to a more renewable grid, and confirming our commitment to being a reliable trading partner.

Minister for Resources and Northern Australia Madeleine King has released the Future Gas Strategy which will support a Future Made in Australia and ensures decisions on gas supply and production will be based on the best possible information.

The Strategy is centred on six principles that will underpin government policy on gas.

• Australia is committed to supporting global emissions reductions to reduce the impacts of climate change and will reach net zero emissions by 2050. 
• Gas must remain affordable for Australian users throughout the transition to net zero. 
• New sources of gas supply are needed to meet demand during the economy-wide transition. 
• Reliable gas supply will gradually and inevitably support a shift towards higher-value and non-substitutable gas uses. Households will continue to have a choice over how their energy needs are met.
• Gas and electricity markets must adapt to remain fit for purpose throughout the energy transformation.
• Australia is, and will remain, a reliable trading partner for energy, including LNG and low emission gases.

The Future Gas Strategy also includes a detailed analytical report on gas demand and supply produced after an extensive period of work and consultation.

The Strategy identifies the following actions: 

• Prevent gas shortfalls by working with industry and state and territory governments to encourage more timely development of existing gas discoveries in gas-producing regions.
• Reduce gas related emissions by working with industry and regulators to minimise venting and flaring of methane from operations and consider further emissions reductions measures through the Government’s six decarbonisation plans. The Government will also adopt technology-neutral approach to exploration data acquisition to minimise seismic surveying where possible. 
• Support households and businesses through the transition to net zero by working closely with the states and territories to manage pricing impacts and the Gas Market Code. 
• Empowering First Nations peoples by clarifying consultation requirements for offshore resources activities and pursue benefit-sharing to ensure First Nations people are partners in the transition to net zero.
• Promote geological storage of CO2 and support our region’s transition to net zero by releasing acreage for offshore CCS and establish a new initiative on regional cooperation on transboundary carbon capture and storage which will provide options for energy security and carbon management solutions for our regional partners.

“Gas plays a crucial role in supporting our economy, with the sector employing 20,000 people across the country, including remote and regional communities,” Minister King said.

“Ensuring Australia continues to have adequate access to reasonably priced gas will be key to delivering an 82 per cent renewable energy grid by 2030, and to achieve our commitment to net zero emissions by 2050.

“The Strategy makes it clear that gas will remain an important source of energy through to 2050 and beyond, and its uses will change as we improve industrial energy efficiency, firm renewables, and reduce emissions. 

“But it is clear we will need continued exploration, investment and development in the sector to support the path to net zero for Australia and for our export partners, and to avoid a shortfall in gas supplies.”

Gas is crucial for A Future Made in Australia as it supports manufacturing, food processing and refining of critical minerals which will help Australia and the world to lower emissions. Gas supplies 27 per cent of Australia’s energy needs and represents 14 per cent of Australia’s export income.

Gas will play an important role in firming renewable power generation and is needed in hard-to-abate sectors like manufacturing and minerals processing until such time as alternatives are viable and can be deployed.

Since 2022, the Australian Government has introduced the mandatory Gas Code of Conduct, a renewed Heads of Agreement with LNG exporters, and strengthened the Australian Domestic Gas Security Mechanism (ADGSM) to ensure Australian households and businesses have affordable gas supplies.

The Future Gas Strategy is available on the Department of Industry, Science and Resources website.

Source: The Hon Madeleine King MP

Minister for Resources and Minister for Northern Australia

New gas supplies ‘needed’ says Bowen as Gippsland wind takes off - The Australian Financial Review

Energy Minister Chris Bowen believes Australia has no option but to seek new supplies of gas even as the government accelerates rollout of renewables, including green-lighting preliminary work on six potential offshore Gippsland wind projects.

In comments to major energy buyers at a conference in Melbourne on Wednesday, Mr Bowen will declare that gas will play an important role filling the gap left by wind and solar, noting that unlike the opposition’s support for nuclear and coal, the energy source can be turned on and off at short notice.

“With current supplies of gas dwindling, new supply will be needed – even as we electrify at pace,” says Mr Bowen, pictured with Victorian Energy Minister Lily D’Ambrosio. Oscar Colman

“Frankly, there are exaggerated claims on all sides of the gas debate,” he will tell the conference organised by the Energy Users Association. “Slogans like ‘gas-led recovery’ and ‘no new gas’ are equally catchy – and equally unhelpful to explaining the proper role of gas in our net zero energy mix.

“Gas will play an important role in electricity by firming and peaking renewables.”

The remarks come ahead of the release in “coming weeks” of Labor’s future gas strategy – a policy plan being developed by Resources Minister Madeleine King – which Mr Bowen will say is about ensuring the use of gas is “guided more by the evidence and less by the culture wars”.

“While technologies like green hydrogen will be vital – and I am very optimistic about Australia’s role in the global hydrogen supply chain – there are not yet substitutes for gas in many industrial settings,” Mr Bowen will say, according to speech notes.

Divisive

Labor has spent much of its first two years in office juggling the challenge of managing the politics of gas, which has put it into direct conflict with the Greens and environmental groups while fueling distrust inside the industry over price caps, regulations and taxes.

Federal Labor has also clashed with Victorian Energy Minister Lily D’Ambrosio, who has accused Ms King of acting “more like a Coalition minister”.

It also comes after shareholders sunk Woodside Energy’s climate action plan, which the company’s leadership had previously defended as a way to “thrive through the energy transition” and be part of the solution to climate change. BHP, Rio Tinto, Santos, AGL Energy and Origin Energy have all put their climate plans up for non-binding votes, with Woodside’s the first to be rejected.

Mr Bowen will say that “with current supplies of gas dwindling, new supply will be needed – even as we electrify at pace”.

Labor’s support for gas is aimed at buttressing the rollout of renewables, led by solar and wind, with Mr Bowen telling the peak body for the nation’s biggest energy users that bidders have been listed for a Victorian capacity investment scheme tender. Organised to provide an additional 600 megawatts of capacity by 2030, the government has received offers for 19,000 megawatts, 32 times more than it asked for.

Gippsland wind

In addition, Mr Bowen will announce the granting or offers of feasibility licences in the Gippsland offshore wind zone. The winning proponents are High Sea Wind, Gippsland Skies, Blue Mackerel North, Kut-Wut Brataualung Project, Ørsted Offshore Australia 1 and Star of the South Wind Farm.

“That’s enough to power the Gippsland region’s annual industrial consumption 100 times over, or more electricity than the entire state of Victoria generated last year,” Mr Bowen will say. “Even just some of that potential will make a substantial contribution to filling the gap left by coal in Victoria and across the NEM [National Electricity Market].”

Mr Bowen will add Gippsland is the first of six zones around the nation, with the International Energy Agency describing wind in a category of its own as “variable baseload power” – with “similar capacity factors as gas and coal-fired power plants”.

The feasibility licences will allow the project developers to undertake environmental assessments and geotechnical surveys and obtain approvals.

Speaking at a separate solar and storage conference in Brisbane on Wednesday, opposition energy spokesman Ted O’Brien will attack Mr Bowen’s “all-eggs-in-one-basket renewables-only approach” to energy and climate policy while offering a qualified defence of rooftop solar.

Mr O’Brien will declare that rooftop solar appeals to him instinctively as a Liberal, given “I believe in individual freedom, property rights, enterprise and competition”.

”Australia’s extraordinary growth of rooftop solar over the last decade stems from individuals exercising their free choice to adopt the technology,” he will say. “Their decisions as home owners to put solar panels on their roofs has been an assertion of private property rights done in contract mostly with small businesses in a competitive market.”

However, Mr O’Brien will challenge the rooftop solar industry for the issues it causes in the NEM.

“When the sun is shining brightly, typically in the middle of the day, it can saturate the grid and force curtailment of electricity,” he will say. “Among those affected by curtailment can be rooftop solar owners themselves who struggle to feed electrons onto the grid and also other energy generators, both renewable and non-renewable alike.

“Given our biggest threat to our 24/7 power system is a lack of supply, these forced curtailments send all the wrong signals to potential investors across all sources of energy generation which we need to bring to market.”

You can also find the article here on The Australian Financial Review website.

To view all of the latest Empire Energy News - visit our News & Media page

The Territory Labor Government is firmly committed to building a thriving economy.

Our strategic strengths as a jurisdiction will be put on full display at one of the world’s largest industry events in 2025 – World Expo.

World Expo will be held in Osaka and is expected to attract over 28 million visitors, across 160 participating countries and 25 international organisations, all of which present unparalleled trade, investment and tourism opportunities.

The NT Government has committed to a $500,000 Bronze partnership agreement with the Commonwealth Government, underpinning a significant Territory showcase targeting trade and investment for our region.

Expo 2025 Osaka is a momentous opportunity for the Northern Territory Government and industry to enable foreign direct investment and promote the capabilities of our region.

The energy transition will play a major part of discussions at Expo. The overarching theme of “Designing a Future Society for our Lives” aligns with Australia’s theme of “Chasing the Sun”, showcasing Australia’s ambition to be a clean energy superpower.

The Northern Territory’s rich critical minerals industry places us in high interest to engage with the leaders of the global energy industry.

A visitor economy experience will also showcase the tourism potential of our region including our strengths in art and culture.

Quotes attributed to Chief Minister and Minister for Trade, Eva Lawler:

“The Territory is building strong trade ties and bringing new business to town, World Expo 2025 will play a big role in reaching our goal of a $40 billion economy by 2030.

“The Territory's strengths in critical minerals and resources, sustainable processing, as well as decarbonisation will be on full display to over 28 million investors, this more means stable employment for more Territorians in more industries.

“Japan is one of the key trading partners of the Territory, and Expo 2025 is an opportunity to reach new markets by aligning global demand with what the Territory has to offer.”

Quotes attributable to Federal Trade Minister, Don Farrell:

“I am delighted to partner with the Northern Territory at the Australian pavilion at Expo 2025 Osaka – showcasing the very best our nation has to offer on the global stage.

“Japan is the Northern Territory’s largest export market, and further strengthening these ties, will help to create more trade, more investment, more opportunities, and more jobs in the Top End.

“Over six months, the Expo presents an opportunity to showcase the very best of Australian business, innovation and culture, developing new markets and more opportunities for all participants.”

Source: Northern Territory Government newsroom

Barossa project disruptors in the gun to pay Santos legal costs.

In a strategic legal payoff, Santos has secured a pivotal victory as a federal court judge agreed to their request to subpoena documentation held by three environmental activist groups. This decision positions Santos favourably in the legal battle and places the activists on the hook for the substantial legal expenses incurred by the oil giant in defending the case.

The lawsuit, spearheaded by traditional custodians, impugns Santos's purported negligence in evaluating submerged cultural patrimony, prompting a plea for an injunction against pipeline bids until a revamped environmental blueprint garners scrutiny from the National Offshore Petroleum Safety and Environmental Management Authority. This litigious saga burgeons into a pivotal juncture for Australia's LNG sector, as Santos's legal eagles attempt to recoup substantial legal expenditures from environmental crusaders entangled in the Munkara affair, catalysing the suspension of pipeline plans in November 2023.

Earlier, Santos submitted a formal petition to the court, requesting subpoenas for four activist organisations: Sunrise Project, ECNT, Market Forces, and Jubilee. These groups are involved in a lawsuit concerning the extensive legal delays surrounding the Barossa Gas Export Pipeline project in the Timor Sea.

The financial support these organisations provided to the Environmental Defenders Office (EDO) concerning the Munkara affair raises questions about their potential responsibility for legal expenses. This has led to significant tension between energy giants and environmental advocacy groups. The consequences of these legal proceedings extend into corporate governance and environmental stewardship, creating ripples that affect both sectors.

Counting the cost

Plagued by substantial financial haemorrhaging resultant from protracted legal skirmishes, Santos has earmarked an additional $300 million investment to buttress the beleaguered Barossa gas project. As a result, the total cost has increased to between $4.5 billion and $4.6 billion. The marquee gas venture was initially scheduled to launch earlier but is now expected to begin in the third quarter of 2025.

Nonetheless, Santo's boss, Kevin Gallagher, stated in the company's recent quarterly communiqué to the ASX that he now has "clear sight" on pivotal projects to replace the Darwin LNG's declining fortunes and underperforming LNG plant in Gladstone, Queensland.

Court's decision

Justice Natalie Charlesworth approved Santos's request to access financial records and correspondences between activist groups and the EDO last Wednesday. This enables Santos to recover costs from campaign organisations regarding the lawsuit brought by the EDO on behalf of the traditional owners of the Tiwi Islands.

The dossier encompasses financial underpinnings, legal safeguards, and exchanges between the factions regarding the legal proceedings. Market Forces is one of the groups involved, but they have avoided making public statements about the matter. However, ENB understands Market Forces may still be held liable for their involvement, as the disclosure exemption differs from financial obligations.

ENB understands a mediation rendezvous among stakeholders is slated for the coming week. This will likely be preceded by another judicial deliberation in the coming weeks, during which the adjudicator hints at a prospective adjudication on financial liabilities.

The Territory Labor Government is backing the industries which get Territorians working and new results paint a bright picture for the Territory.

Today, Tamboran Resources announced on the ASX final results from their Shenandoah South 1H well in the Beetaloo Basin.

The 90 day flow test produced rates of 5.8 million cubic feet per day, which is 65% higher than any other well in the Beetaloo Basin.

Flow testing has demonstrated the Beetaloo Basin has gas flow levels in line with the most prolific regions of the Marcellus Shale in the US, providing immense investor confidence as Tamboran expect to reach final investment decision by mid-2024.

This also provides Territorians confidence the Beetaloo Basin will facilitate growth in the economy by over $17 billion and create thousands of working opportunities for many years to come.

Only last week the Lawler Government announced a deal with Tamboran which secures power for at least the next nine years and ensures Territorian are the first to benefit from Territory gas.

The first gas is expected to flow from the Beetaloo Basin to Territory power generators is expected for the first half of 2026.

Quotes attributed to Chief Minister, Eva Lawler:

“This is a key milestone for Tamboran and waves a metaphorical green flag to the world letting them know the Territory is where you should be investing your money.

“We are backing industries which get the Territory working, industries which deliver cleaner and more affordable energy and industries which boost our economy.

Quotes attributed to Minister for Mining, Mark Monaghan:

“The Northern Territory will be the jurisdiction to deliver cleaner and more affordable energy to Australia and the world.

“Territorians will benefit from backing in this industry.”

Source: Northern Territory Government

Highlights

• The Shenandoah South 1H (SS-1H) well in EP 117 achieved an average 90-day initial production (IP90) flow rate of 2.9 million cubic feet per day (MMcf/d) over the 1,644-foot, 10 stage stimulated length within the Mid Velkerri B Shale, normalized to 5.8 MMcf/d over 3,281-feet (1,000 metres).

• The IP90 flow test at SS-1H was ~65% higher than the Santos-operated EP 161 Tanumbirini 3H well, which previously achieved the highest flow rate in the Beetaloo Basin.

• The SS-1H flow test indicates that future development wells with lateral lengths of 10,000 feet may be capable of delivering average rates of 17.8 MMcf/d over the first 90 days of production.

• Flow testing has demonstrated productivity and decline profiles in line with the most prolific regions of the Marcellus Shale in the US. This confirms the Company’s view that the Beetaloo West region is the preferred region in the basin to commence development operations.

• The well will now be shut in and suspended as a potential future production well.

• Tamboran continues to undertake Front End Engineering and Design (FEED) studies on the proposed Shenandoah South Pilot Project. The Company expects to take Final Investment Decision (FID) in mid-2024, subject to funding and key stakeholder approvals.

To view the full ASX announcement, click here.

Source: Tamboran Resources

The Territory Labor Government continues to help Territorians save money on their power bills by investing $6.1 million into providing access to cheaper renewable energy in major centres and remote communities.

In Budget 2024 we are investing $3 million to continue the Home and Business Battery Scheme (HBBS) and another $3.1 million to continue the Remote Power System Strategy rollout.

More than 2200 Territory homes and businesses have used the grant, currently to a maximum of $5000, to install a battery to store the energy generated by roof top solar since 2020.

The installation of a battery to store solar generated power can save a home $900 a year off their power bill. The batteries also improve the security and reliability of the electricity system by helping to smooth out demand from the grid.

The Northern Territory has the highest take up of solar battery storage in the country thanks to the Territory Labor Government’s HBBS.

Data from the Clean Energy Regulator shows the Territory has led the nation in battery installations since 2021. The NT has the highest proportion of solar PV systems installed with a battery at over 30%, compared to the national average of 6%.

The success of the Home and Business Battery Scheme has had a positive effect on the Territory’s renewable energy industry with $57 million of works contributed to the Territory economy.

The Remote Power System Strategy is in the planning stage and community engagement is advancing to deliver an average of 70% renewable energy to 72 remote communities provided with electricity through the Indigenous Essential Services program.

Consultation with Land Councils, regional Government Councils and peak Aboriginal organisations is ongoing.

The outcomes of consultation will inform the renewables rollout model and the plans for on-country community engagement throughout program development and delivery.

The RPSS will deliver significant benefits for the Territory and remote Aboriginal communities, including reduced greenhouse gas emissions and noise from diesel-powered generators.

It will ensure improved electricity supply reliability and employment, contracting and operational opportunities for community-based Aboriginal organisations, businesses and corporations.

Quotes attributable to Minister for Renewables and Energy Kate Worden:

“The Territory Labor Government is always working to keep the power bills of households and business lower, and the Home Business and Battery Scheme is one way we are doing that.

“Installing a battery can save a household $900 off their power bill and reduce our reliance on fossil fuels.

“The Home and Business Battery Scheme gets Territorians working, with more than 2200 batteries installed since 2020. The scheme has contributed $57 million to our economy.

Source: Northern Territory Government newsroom

After the recently announced Capital Raise, Research as a Service (RaaS) has published an update report on EEG: "Working through the timeline to first gas in 2025".  

Please click here to read the full report. 
 

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