Oil and Gas Oil and Gas

29 September, 2024

Australia’s next biomethane plant

Jemena and Valorify have signed a Memorandum of Understanding to explore the feasibility of injecting biomethane into the NSW gas network. Valorify's proposed plant in regional NSW could produce up to four petajoules of biomethane, enhancing the state's gas supply for over 1.5 million homes and businesses.Biomethane, derived from biogas from organic waste, is interchangeable with natural gas and compatible with existing infrastructure and appliances. Jemena's managing director, David Gillespie, noted that the Riverina Bioenergy project could meet the energy needs of over 50,000 households or 6% of industrial demand, aiding the decarbonisation of high-heat gas users. The first 2PJ module of the project is expected to launch in 2027.

https://www.energytodaymag.com.au/australias-next-biomethane-plant/

29/07/2024

States pump up ‘key technology’ to get households off gas

State and federal governments are ramping up their push for households to switch their hot-water systems from gas to electric heat pumps, in a bid to meet ambitious climate targets and avert a gas supply shortage. But the cost of the new technology continues to put off consumers.

https://www.smh.com.au/politics/federal/states-pump-up-key-technology-to-get-households-off-gas-20240719-p5jv2p.html

New South Wales authorities are working to secure a new gas supply

The new legislation that advances Australia's offshore regulatory approval regime is a significant step towards restoring the nation's economic and energy security. The oil and gas industry in Australia has welcomed the efforts of Resources Minister Madeleine King to streamline the reform process after months of uncertainty for major energy supply, carbon capture and storage, and decommissioning projects.

https://www.miragenews.com/victoria-nsw-boss-tasked-to-secure-new-gas-1229231/