Over the next decade, major sector challenges will transform the product and technology mix of successful energy resource companies globally. In particular, digital/data technologies and increasingly competitive alternative energy solutions will disrupt the business model of those companies.
Reflecting our sector's ambitions to deliver clean energy resources to Australia and the world, NERA plays a key role in creating the collaboration and innovation connections essential to ensure Australia's energy resources sector successfully navigates this transformation.
NERA is uniquely positioned to support sector-wide transformation to help unlock +$10 billion of new value for the Australian economy. Our Sector Competitiveness Plan (SCP) provides the strategic roadmap to unlock that value.
Our resources are directed into two key areas:
Our vision is Australia as a global energy powerhouse, sought-after destination for investment and leading source of knowledge and solutions.
This vision is guided by three strategic pillars that help ensure Australia's energy resources sector remains globally competitive, sustainable, innovative and diverse now and in the future.
ADAPT FOR TOMORROW
TRANSFORM THE FUTURE
The 2019/20 Business Plan reflects the 2019 SCP Update and sets out NERA's work program to enable us to assist the sector deliver the following outcomes:
To achieve these outcomes, we have grouped our work program into five focus areas:
The work program will be promoted by communicating the value and impact of NERA initiatives and show case our projects through our new Creating Our New Energy Futures book series, a refreshed The Energy Innovators Podcast series and through focussed events and workshops.
As we move into 2019/20, NERA’s project fund is near fully allocated across a portfolio of 40+ projects and initiatives with more than 160 project partners ranging from Tier 1 and 2 Operators, Research Organisations, SMEs, International Collaborations, Cluster Organisations, Regulators and Industry Associations.
NERA's collaborative project fund
Lighthouse projects and initiatives around Australia
leveraging additional project investment in our sector
of value to unlock for the Australian economy through collaboration and investment in the energy resources sector