Queensland businesses dominate the most recent round of Federal funding to support carbon emission reduction projects.
Four companies will share in more than $90 million of funds allocated to six initiatives, with Kestrel Coal in central Queensland’s Bowen Basin, receiving more than $37 million to reduce ventilation methane emissions at its underground metallurgical coal mine.
Federal Energy Minister Chris Bowen said the Kestrel Mine Ventilation Air Methane Abatement Project planned to cut methane emissions by using Regenerative Thermal Oxidation technology.
Minister Bowen said it would be the first time this technology would be used at scale in Australia.
Other grants went to at Incitec Pivot Fertilisers, which secured $28 million for a solar and battery storage system to replace the current gas-fired power generation at its Phosphate Hill operation in Cloncurry, in north-western Queensland.
Dyno Nobel was granted almost $10 million to help deploy emissions capture technologies at its operations in the Bowen Basin, with the Boyne Aluminium Smelter in Gladstone, set to invest an extra $5.4 million into energy efficiency upgrades.
Minister Bowen said this round of funding added to the $330 million invested in nine projects in April this year.
