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Sydney Morning Herald
16-05-2025
- Business
- Sydney Morning Herald
Labor's victory has locked in an ingredient vital to supplying super cheap power
With Labor's victory, Merzian says, more investors are planning to tap the $70 billion program. 'I know about a dozen companies that are now preparing their bids for all these future projects, and there were a couple who were on the line about whether to do so. 'It's worth remembering that 70 per cent of Australia's investment for large-scale clean energy projects comes from overseas. And so investors have a choice of where they put their money ... and this is giving a boost to Australia being the destination choice.' Merzian warns, though, that the industry faces other road blocks. For the federal government to reach its goals it must secure the construction of transmission lines capable of reliably moving this new power from regional renewable energy zones to the cities. Efforts to rebuild the transmission system have been hampered by resistance from some community members who resent the imposition of vast towers and lines across landscapes they love. The sector also relies on the support of state government planning departments that the Commonwealth cannot control. Where once the industry complained about delays in the NSW Planning Department and gravitated towards Queensland, a change of government in Queensland has seen a change in its priorities. For Danny Nielsen, the Australian country manager of Danish-based global wind giant Vestas, there are immediate practical implications from the certainty that Labor's re-election brings. Vestas owns or co-owns nine energy projects in Australia, including a 1200 megawatt wind farm near Tara, in the Western Downs area of Queensland, which is planned to include up to 164 turbines the company expects to cost between $2 billion and $3 billion when complete, as well as projects near Toowomba in Queensland and Mudgee in NSW. 'We now know that policy [supporting the renewables industry] is going to stay in place,' Nielsen says. 'We have a very clear certainty on that … and that means we can shore up the supply, and we can shore up the manpower.' And what does that mean in practical terms? 'What I'm looking into for the next four years is that we will probably see our workforce grow by 50 per cent, and we're employing just over 1000 people today.' Most of those jobs will be in construction and development, but Nielsen says there will be jobs in servicing and maintaining the wind farms throughout their life, which is expected to be up to 35 years. 'These are long-term, stable jobs for people in regional areas.' Addressing the Energy Users Association of Australia conference in the days after the poll, economist Ross Garnaut, author of the 2008 Garnaut Climate Change Review for the Rudd Labor government, said Labor's win was so emphatic that it had secured a historic opportunity to embrace radical reform, particularly in energy and climate policy. Energy policy and Australia's participation in the necessary global movement to net zero emissions has been 'ground zero for political conflict and policy instability', he said, making energy more expensive and less secure. 'To establish sound policies, we all have to step back from the clang of climate and energy politics in recent years.' Garnaut believes Labor's victory will accelerate the energy transition, to the benefit of the climate, energy users and investors. But existing policies will not be enough to see Australia reach 82 per cent, let alone to reap the potential benefits of a truly clean economy, Garnaut says. Through the Superpower Institute, the policy group he formed with economist and former chair of the Australian Competition and Consumer Commission Rod Sims, Garnaut has long argued that if it acts fast enough, Australia can profit from going into negative emissions. This would see the vast deployment of renewables that would then be used to create export goods such as green iron to help other nations reach their own climate targets. In doing so, Australia would be exporting green energy embodied in the products. The potential earnings, he argues, would vastly outweigh those we would surrender in ending the export of fossil fuels. But this would take serious reform, including either the extension of incentives to green investors or a price put on the carbon pollution of older industries. The government's Future Made in Australia policy, an economic plan announced last year under which the government has committed to spend $24 billion supporting new industries, is a step in the right direction, Garnaut says. But it is not enough. 'We must systematically reward the innovator, the early investors in new processes, new technologies because the pioneers generate knowledge from which everyone benefits,' he says. Loading 'They'll make mistakes, they'll carry additional costs. That's what pioneers always do. And so that has to be systematically supported by government.' So, was the size of Labor's victory enough to silence the sound and fury of politics, or as he calls it 'the clang'? 'The electoral catastrophe in metropolitan Australia should cause the Coalition to end the clang quickly, by supporting Australia playing its full part in the global movement to net zero,' Garnaut tells this masthead. 'The early signs are that the clang will die slowly, through continuing electoral disappointment. The weakening of the clang allows the government to get on with the job.'
The Age
16-05-2025
- Business
- The Age
Labor's victory has locked in an ingredient vital to supplying super cheap power
With Labor's victory, Merzian says, more investors are planning to tap the $70 billion program. 'I know about a dozen companies that are now preparing their bids for all these future projects, and there were a couple who were on the line about whether to do so. 'It's worth remembering that 70 per cent of Australia's investment for large-scale clean energy projects comes from overseas. And so investors have a choice of where they put their money ... and this is giving a boost to Australia being the destination choice.' Merzian warns, though, that the industry faces other road blocks. For the federal government to reach its goals it must secure the construction of transmission lines capable of reliably moving this new power from regional renewable energy zones to the cities. Efforts to rebuild the transmission system have been hampered by resistance from some community members who resent the imposition of vast towers and lines across landscapes they love. The sector also relies on the support of state government planning departments that the Commonwealth cannot control. Where once the industry complained about delays in the NSW Planning Department and gravitated towards Queensland, a change of government in Queensland has seen a change in its priorities. For Danny Nielsen, the Australian country manager of Danish-based global wind giant Vestas, there are immediate practical implications from the certainty that Labor's re-election brings. Vestas owns or co-owns nine energy projects in Australia, including a 1200 megawatt wind farm near Tara, in the Western Downs area of Queensland, which is planned to include up to 164 turbines the company expects to cost between $2 billion and $3 billion when complete, as well as projects near Toowomba in Queensland and Mudgee in NSW. 'We now know that policy [supporting the renewables industry] is going to stay in place,' Nielsen says. 'We have a very clear certainty on that … and that means we can shore up the supply, and we can shore up the manpower.' And what does that mean in practical terms? 'What I'm looking into for the next four years is that we will probably see our workforce grow by 50 per cent, and we're employing just over 1000 people today.' Most of those jobs will be in construction and development, but Nielsen says there will be jobs in servicing and maintaining the wind farms throughout their life, which is expected to be up to 35 years. 'These are long-term, stable jobs for people in regional areas.' Addressing the Energy Users Association of Australia conference in the days after the poll, economist Ross Garnaut, author of the 2008 Garnaut Climate Change Review for the Rudd Labor government, said Labor's win was so emphatic that it had secured a historic opportunity to embrace radical reform, particularly in energy and climate policy. Energy policy and Australia's participation in the necessary global movement to net zero emissions has been 'ground zero for political conflict and policy instability', he said, making energy more expensive and less secure. 'To establish sound policies, we all have to step back from the clang of climate and energy politics in recent years.' Garnaut believes Labor's victory will accelerate the energy transition, to the benefit of the climate, energy users and investors. But existing policies will not be enough to see Australia reach 82 per cent, let alone to reap the potential benefits of a truly clean economy, Garnaut says. Through the Superpower Institute, the policy group he formed with economist and former chair of the Australian Competition and Consumer Commission Rod Sims, Garnaut has long argued that if it acts fast enough, Australia can profit from going into negative emissions. This would see the vast deployment of renewables that would then be used to create export goods such as green iron to help other nations reach their own climate targets. In doing so, Australia would be exporting green energy embodied in the products. The potential earnings, he argues, would vastly outweigh those we would surrender in ending the export of fossil fuels. But this would take serious reform, including either the extension of incentives to green investors or a price put on the carbon pollution of older industries. The government's Future Made in Australia policy, an economic plan announced last year under which the government has committed to spend $24 billion supporting new industries, is a step in the right direction, Garnaut says. But it is not enough. 'We must systematically reward the innovator, the early investors in new processes, new technologies because the pioneers generate knowledge from which everyone benefits,' he says. Loading 'They'll make mistakes, they'll carry additional costs. That's what pioneers always do. And so that has to be systematically supported by government.' So, was the size of Labor's victory enough to silence the sound and fury of politics, or as he calls it 'the clang'? 'The electoral catastrophe in metropolitan Australia should cause the Coalition to end the clang quickly, by supporting Australia playing its full part in the global movement to net zero,' Garnaut tells this masthead. 'The early signs are that the clang will die slowly, through continuing electoral disappointment. The weakening of the clang allows the government to get on with the job.'
Al Etihad
07-05-2025
- Business
- Al Etihad
Space42 advances direct-to-device satellite messaging through collaboration with Gatehouse Satcom
7 May 2025 14:02 ABU DHABI (ALETIHAD)Space42 announced on Wednesday a successful collaboration between its mobile satellite services subsidiary Thuraya and Gatehouse Satcom, a Danish-based software company specialising in mission-critical satellite communications, to advance direct-to-device (D2D) project demonstrated NB-IoT applications over Space42's L-band geostationary satellites using 3GPP-compliant release 17 technology, ensuring alignment with global standards and future scalability. This will set the foundation for the launch of Thuraya Direct, a new messaging and IoT service slated for commercial deployment in Q4 initiative demonstrates Space42's operating model: align early with transformative open-standard technologies, scale them through targeted, mission-driven programs, and deliver outcomes through trusted partnerships. It addresses critical sectors such as energy, agriculture, and transportation; domains where reliable, wide-area connectivity cannot depend solely on terrestrial infrastructure.'This collaboration reflects our strategy in action,' said Ali Al Hashemi, CEO of Yahsat Space Services at Space42. 'It is about extending the boundaries of mobile connectivity by enabling standard smartphones and IoT devices to connect via satellite in areas where terrestrial networks fall short. Through close engagement with telecom providers, we are addressing immediate market requirements and proving the viability of this technology while setting the stage for enhanced global commercialisation of D2D through our future global constellation. We welcome partners across the ecosystem to join us in scaling this new frontier.'"It's been a privilege to support Space42 in moving direct-to-device from promise to proof," said Jesper Noer, VP Commercial at Gatehouse Satcom. "Running 5G NB-IoT over GEO is no small feat, but our software is built for this – adaptable across constellations, compliant with global standards, and ready to support the next wave of NTN innovation."Thuraya has played a pioneering innovative role in satellite mobility for over two decades, delivering resilient connectivity in some of the world's most demanding Space42's mobile satellite arm, it continues to lead in redefining what satellite-enabled services can achieve. Gatehouse Satcom contributed essential 3GPP NTN expertise and software capabilities, enabling the successful validation of messaging protocols over geostationary satellite links – a foundational step in delivering Thuraya collaboration has successfully demonstrated that 3GPP-compliant devices, including smartphones and IoT modules, can connect seamlessly to Space42's satellite validation confirms that Thuraya Direct can be delivered through globally standardised infrastructure, open to any telecom or OEM partner able to interoperate with the system. With commercial readiness targeted for the end of this year, Space42 is now engaging with mobile operators and industry players to bring this service to the market. Source: Aletihad - Abu Dhabi
Zawya
07-05-2025
- Business
- Zawya
Space42 advances direct-to-device satellite messaging through collaboration with Gatehouse Satcom
Abu Dhabi, UAE – Space42 (ADX: SPACE42), the UAE-based AI-powered SpaceTech company, has achieved a successful collaboration between its mobile satellite services subsidiary Thuraya and Gatehouse Satcom, a Danish-based software company specializing in mission-critical satellite communications, to advance direct-to-device (D2D) connectivity. The project demonstrated NB-IoT applications over Space42's L band geostationary satellites using 3GPP-compliant release 17 technology, ensuring alignment with global standards and future scalability. This will set the foundation for the launch of Thuraya Direct, a new messaging and IoT service slated for commercial deployment in Q4 2025. This initiative demonstrates Space42's operating model: align early with transformative open-standard technologies, scale them through targeted, mission-driven programs, and deliver outcomes through trusted partnerships. It addresses critical sectors such as energy, agriculture, and transportation; domains where reliable, wide-area connectivity cannot depend solely on terrestrial infrastructure. 'This collaboration reflects our strategy in action,' said Ali Al Hashemi, CEO of Yahsat Space Services at Space42. 'It is about extending the boundaries of mobile connectivity by enabling standard smartphones and IoT devices to connect via satellite in areas where terrestrial networks fall short. Through close engagement with telecom providers, we are addressing immediate market requirements and proving the viability of this technology while setting the stage for enhanced global commercialization of D2D through our future global constellation. We welcome partners across the ecosystem to join us in scaling this new frontier.' Thuraya has played a pioneering innovative role in satellite mobility for over two decades, delivering resilient connectivity in some of the world's most demanding environments. As Space42's mobile satellite arm, it continues to lead in redefining what satellite-enabled services can achieve. Gatehouse Satcom contributed essential 3GPP NTN expertise and software capabilities, enabling the successful validation of messaging protocols over geostationary satellite links – a foundational step in delivering Thuraya Direct. "It's been a privilege to support Space42 in moving direct-to-device from promise to proof," said Jesper Noer, VP Commercial at Gatehouse Satcom. "Running 5G NB-IoT over GEO is no small feat, but our software is built for this – adaptable across constellations, compliant with global standards, and ready to support the next wave of NTN innovation. It's that shared forward-looking mindset that makes our work with Space42 so impactful. They have a rare ability to pair long-term vision with real-world execution. This project is a perfect example." The collaboration has successfully demonstrated that 3GPP-compliant devices, including smartphones and IoT modules, can connect seamlessly to Space42's satellite network. This validation confirms that Thuraya Direct can be delivered through globally standardized infrastructure, open to any telecom or OEM partner able to interoperate with the system. With commercial readiness targeted for the end of this year, Space42 is now engaging with mobile operators and industry players to bring this service to the market. ABOUT SPACE42 Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics, and artificial intelligence capabilities to enlighten the world from space. Established in 2024 following the successful merger between Bayanat and Yahsat, Space42's global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Yahsat Space Services and Bayanat Smart Solutions. The Yahsat Space Services unit focuses on upstream satellite operations for both fixed and mobility satellite solutions. The Bayanat Smart Solutions unit integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Space42's major shareholders include G42, Mubadala, and IHC. Legal Notice and Cautionary statement regarding forward-looking information This announcement may include forward-looking statements, which are based on current expectations and projections about future events. These statements may include, without limitation, words such as "expect," "will," "looking ahead," and any other words and terms of similar meaning. These forward-looking statements are subject to risks, uncertainties, and assumptions about the Company, its subsidiaries, and its investments and speak only on the date of this announcement. Forward-looking statements are based on assumptions of future events and information currently available to the Company, which may not prove to be accurate, and the Company does not accept any responsibility for the accuracy or fairness thereof and expressly disclaims any obligation to update any such forward-looking statement. No representation or warranty is made so that any forward-looking statement will come to pass. You are, therefore, cautioned not to place any undue reliance on forward-looking statements. Neither this announcement nor anything contained herein constitutes a financial promotion or an invitation or inducement to acquire or sell securities in any jurisdiction.
Business Post
06-05-2025
- Business
- Business Post
Ørsted begins construction on Cork solar farm capable of powering 16,000 homes
Energy The Danish-based company has invested €800 million in Ireland to date across a mixed portfolio of solar and other green energy projects
