Western Australian government signals ongoing support of a vibrant energy resources sector

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Media Release

The Western Australian government has demonstrated its ongoing support of an innovative and vibrant energy resources sector through the signing of a two-year, $1 million funding agreement with NERA.

Commenting on the partnership, Premier Mark McGowan said: “This investment of $1 million by the State Government builds on our previous contributions to NERA over the past four years, and ensures the industry growth centre will continue to be headquartered in Western Australia, supporting jobs and the economy.”

“NERA’s work is aligned with the aims of the State Government’s LNG Jobs Taskforce to enhance WA’s global competitiveness and maximise opportunities for local participation in the LNG sector.”

“As an integral partner of the taskforce, NERA is participating in the steering group and partnering with industry and the WA Government on key initiatives such as the REGENERATE supply chain program to be launched next year,” said Premier Mark McGowan.

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“The State Government is also working with NERA to support the development of the hydrogen industry, and the government’s investments in the sector will also fund establishment of Hydrogen Technology Clusters here in WA.”

NERA CEO Miranda Taylor said: “This arrangement shows the commitment of the Western Australian government in supporting and creating jobs in the energy resources supply chain at the same time as driving a greener, cleaner and brighter energy future for all Western Australians.”

“Since NERA’s inception, a significant part of our strategic work program and resources have been focused on leveraging value for the WA economy from the huge investment in the state’s oil and gas and LNG sector. NERA plays an essential role in creating the connections, collaboration and innovation partnerships required to expand market opportunities and achieve the critical mass needed to attract technology investment and support innovative SMEs to enter the oil and gas industry’s supply chain.”

“Furthermore, NERA is working with WA to support innovative SMEs that are supplying diverse technologies, services and capabilities. It’s these businesses that have and will continue to create the opportunities for new investment and jobs in WA,” said Ms Taylor.

“And at a time when the COVID-19 pandemic is making life hard for SMEs, this partnership demonstrates the government’s support for local businesses in the energy resources sector supply chain.”