New growth centre to drive innovation
THE Federal Government will invest $15.4 million over four years in a new Growth Centre to drive innovation, competitiveness and productivity in the oil, gas, coal and uranium sectors.
The centre, to be known as National Energy Resources Australia (NERA), will be based in Kensington but work nationally, linking businesses and researchers in the energy resources sector.
It will be co-located with the WA Energy Research Alliance, which is a partnership between the CSIRO, Curtin University and UWA.
Swan MHR Steve Irons said NERA would help Perth establish itself as a world hub for research in energy and minerals.
“I look forward to seeing this collaboration increase national productivity and competitiveness,” Mr Irons said.
“It will help to position the energy and resources sector for the next wave of investment by directing research to industry needs, and drive collaboration and innovation to improve productivity to ensure Australia’s energy sector remains globally competitive.”
Industry, Innovation and Science Minister Christopher Pyne said the Growth Centre would focus on harnessing the sector’s strength and putting research to work.
“It will work closely with researchers from universities, CSIRO and Co-operative Research Centres to build links with business and industry organisations,” he said.
The centre is part of the Government’s $248 million industry growth centres initiative to boost innovation in Australian industry.