Transition Of Heavy Industry Key To Australia's Net Zero Goals

Transition Of Heavy Industry Key To Australia’s Net Zero Goals

Emily Wood | April 24, 2024

Today’s announcement of grants under the federal Powering the Regions Fund to help heavy industry decarbonise is welcomed by leading advocate for commercial and industrial (C&I)energy users, the Energy Users’ Association of Australia (EUAA).

“Large businesses are critical to Australia’s economy and also key to our energy transition,” said EUAA Chief Executive Officer, Mr Andrew Richards.

“We welcome this critical funding to support business make changes to their energy intensity, reduce emissions and modernise their facilities.”

Large C&I energy users make essential goods and services used by the Australian community every day including building materials and food. They are also large employers and, in many cases, critical to regional communities.

“Supporting large businesses to modernise, test new fuel sources and upgrade facilities, through the complexity of our energy transition will be a critical part of protecting the future of these businesses,” added Mr Richards.

“We look forward to seeing the outcome of these initial grants and from future grant funding rounds.”

The EUAA is the peak body representing Australian industrial and commercial energy users. EUAA membership covers a broad cross section of the Australian economy including significant retail, manufacturing and materials processing industries. Combined EUAA members employ over one million Australians, pay annual energy bills in the many billions of dollars and support the development of a lasting national energy and climate change plan that puts downward pressure on electricity and gas costs.

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Media Contact: Emily Wood 0421 042 121

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