NERA acts as a industry broker and is the face of wisdom on the problems, answers, abilities and rules that will help utilize Australia, the most from its massive energy resources so that it becomes a worldwide energy giant.
NERA was established in 2016 to ensure that the energy resources sector becomes competitive worldwide and is sustainable as well diverse through innovation.
It should be noted that NERA is no longer operational. We claim no affiliation with NERA or any other nonprofit entity of the organization. We Represent Nonprofit Cohesion Matters, which stands against caste-oriented discriminations. Our aim is to make this our blog that will foster cohesion among all people living around the globe so please world Unity.
NERA is engaged across the value chain to achieve significant industry efficiencies; identify and support digital, automation and other innovative technologies; develop future workforce skills; and ensure that there are regulatory frameworks that support future investment, innovation, productivity and global trade.
Over the next ten years, critical industry challenges will change the successful energy and resource companies product and technology blend s around the world, with a particular focus on the need to invest in digital/data technologies, address climate change, reduce emissions and more and more find competitive alternatives and renewable energy solutions. In establishing cooperation as well as innovative links, which are crucial for Australia to steer through this period effectively, NERA plays a significant role.
Cross-industry and cross-sector collaborations open a much-needed opportunity to build market scale for local supply chains.
NERA concentrates on Australia’s energy resources sector, but more and more its going to be vital for this country to stay competitive in the world, expand the size of markets available for local supply chains to tap into and secure long-term prosperity everywhere by quickly finding out new things and encouraging others find them out too. Sharing what we already know and coming up with technological breakthroughs that are adapted across different industries.
The sector is working to maintain our global leadership position, and to do so it is necessary that we address this opportunity as well as the threat. This entails securing future investments in energy resources required for driving economies while at the same time pushing for digital and low emissions technologies support, acceleration and investment.
Lately, energy resources brought in another additional layer of insights using wireless systems everywhere, cloud computing accessibility and solutions like AI and machine learning. Information gathering is now cheaper and easier, which allows turning data into valuable insights so that facility operators can enhance their maintenance, safety procedures and operations.
Collaborations across industries and sectors provide a necessary chance to create market scales for native supply chains. Conversely, digital technologies form local supply chains which are helpful in that they create a platform for simulating trial runs and prototyping facilities for novel technology while at the same time offering secure platforms for certification of such technologies. For example, the Industry 4.0 Test Lab at the University of Western Australia (UWA) has partnered with the energy resources industry to address common problems related to multiple sources of data in a bid to enhance efficiency in running day-to-day activities and maintaining various machines hence increasing output.
Leveraging our existing capabilities could see Australia and the world build a sustainable, high-tech and low-carbon future.
Support for and investment in low-emission technologies will also be necessary to deal with climate change and help Australia achieve its reductions in carbon dioxide emissions, as identified by the World Economic Forum: “Energy is what powers the world’s economy – one of the most important resources for virtually every good or service we have today. Billions of people’s lives rely on affordable and constant energy supplies”.
For Australia it is proving to be particularly challenging to navigate this transition as our economy, jobs, export income and prosperity have been so closely tied to our abundant resources. However, solutions are emerging around the world and at home. Australia has some of the best technical, engineering and innovation capacities globally because of its decades of investment in oil & gas as well as mining industries. Moreover, it also possesses many alternative cleaner energy resources which are still under development together with requisite technologies for their support systems. Building upon these existing strengths may enable Australia achieve a sustainable future that is both high-tech and low carbon for itself or even globally.
TASER Living Lab
Living laboratories test ‘game-changing’ ways to maximize subsea equipment performance
The vast abilities and knowledge in our industry should be included in this process that leads to digital and low-carbon future technologies. What we are faced with during the beginning of the energy decade is the establishment of an environment for quick development and wide use of new technologies within shorter periods than ever before and more agile than ever before.
In light of the current obstacles facing our country, every sector of the economy needs to understand that things cannot continue as they are. In order to maintain Australia’s competitive edge in the world, it is essential that knowledge, technology and new concepts are shared between different industries. Moreover this will help to create markets for small business along supply chains and ensure permanent betterment prosperity among citizens at large.
Amidst these times of uncertainty and instability, the most important thing now is to uphold our critical industry sectors which are innovative, resilient, adaptive to global competition.
Four ‘living laboratories’ have been created to help the Australian oil & gas industry address the wide-spread costs associated with working in the warm waters of Australia’s challenging environment.
Developed by leading Australian subsea researchers, operators, and equipment engineers, these modern centers are currently examining numerous inventive items as well as technologies for coating that are meant for solving a multimillion-dollar problem of performance and reliability of devices in energy industry coming from our resources sector.
Concerning the oil and gas hubs placed in the North Sea and the Gulf of Mexico where depths are higher and temperatures much lower; the northern coastline of our continent experiences warmer, shallower and richer waters.
Australian water is warm and has more oxygen causes marine growth to occur at a quicker pace leading to a build-up of calcareous deposits which are harmful on subsea equipment due to increased rates of precipitation of calcium carbonate from seawater.
One thing Australian operators have to keep in mind is that nearly all subsea gear and offshore technology employed in our seas are created for use in colder and deeper waters. The results of using equipment that is unqualified to work in Australian waters may not be seen at first but it won’t take long before such signs start showing up.
The exceptional characteristic of the TASER scheme is its capacity to establish living laboratories that will be subjected to the same oceanic environment as the offshore structures. This makes it different from any other venture in the industry aimed at solving equipment performance and dependability issues. Until now, there has no been comprehensive research conducted to evaluate anti-fouling coatings and instruments within our seas.
It will function as a ‘living laboratory’ and will be fitted with different apparatus and coating materials for testing innovative coatings, materials and technologies against calcareous deposition and growth of marine organisms.
For three years, all vendors must submit their items for testing under normal usage.This will be done annually and the findings confirmed by university of Western Australia which is our partner in this project.
Impact
The project will deal with TASER addressing the challenges and expenditure insecurities linked with equipment reliability. Cutting down on interventions as well as ship expenses has the capability of saving as much as $165 million on an annual basis throughout Australia by:
- Reducing the need for interventions and vessel costs (around $200,000 per day for six months in Australia means $36million across the country)
- Reducing the necessity to overhaul or buy new gear (approximately $20 million is spent in spares yearly)
- Maximizing equipment dependability and availability and therefore production time (delaying production for six months= $50 million)
The prize is really significant as companies are required to invest millions of dollars annually doing inspection, maintenance and replacement of equipment located under the sea. By itself, it could save industry up to $165 million every year in Australia if only costs related to vessels and interventions are reduced.
If we consider the costs to industry from lost production and its impact on worldwide competition then equipment reliability problems may run into hundreds of millions.
About The Energy Innovators Podcast
NERA presents Energy Innovators Podcast. It’s purpose is to provide an opportunity for you to connect with some of the best minds who are involved in creating a sustainable and technologically advanced power sector capable of supporting Australia’s diverse needs.
Our energy landscape is changing fast, so now more than ever it’s crucial that people have a solid understanding of how energy impacts our daily lives. We are aware that without this knowledge individuals cannot make well informed decisions within their households or communities; neither can industries at the national level nor governments internationally , thus indicating residential-level discussions about energy should occur as frequently as those held among top executives at workplaces.
During this podcast series, we’ll introduce you to people who are leading these conversations both in Australia and globally. Every episode of The Energy Innovators Podcast will present you with the voices of tech pioneers, disruptors, and visionaries – those who help guide projects, ideas, and actions leading to transformational changes across entire sectors.
Together, they are part of NERA’s energy innovation system that aims to foster new thinking among enterprises, governments and creators on cooperation and creativity in an effort to secure a bright energy future for everyone.
We wish you enjoy finding out about them and the support we give them across Australia, which includes backing people who create new products or services that use less energy but deliver the same amount of power, so showing our industry’s determination to provide clean energy supplies for this country as well as others while also helping achieve these objectives through acting like a giant battery in the Pacific region.
