ENEnergy was established in 2006 as a direct result of a project established in 2005 to find viable renewable energy solutions. The scope of the project was to look at all renewable energy solutions to identify the best ones. All types of renewables were evaluated: solar, wind, waves, Fischer Tropch and many more.

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Key Facts

Total CO2 emissions from energy consumption are around 30 billion tons a year. It will require 50,000 km2 per year to offset. The Sahara Desert is 9,400,000 km2 and most of it usable for suitable plants. It can be done.

Australian Government Support for ENEnergy project

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Australian Government support for ENEnergy project in Northern Australia


Sydney, January 11, 2013

ENEnergy Australia (ENA) today announced approval has been received from the Australian Government for its first project in Northern Australia under the R&D tax incentive scheme. The project approval covers the development of a commercial scale plant and integrated biomass plantation with capability to process up to 1 million dry tonnes of biomass per annum and produce approx. 7500 barrels of ethanol/butanol per day. This development will be the first stage of a much larger project and the proving ground of an entirely new & sustainable industry for the Australian economy.


The approval has been granted over the entire first stage of the project which ENA expects will cost approx. $600M over 3 – 4 years and includes development work done in Australia and overseas in prior years. The project will be a world’s first and will demonstrate the viability of advanced bio-energy projects using the ENEnergy technology in the Australian context.


ENA will receive a cash refund on Australian and overseas development expenditure totalling 45% of the total project expenditure. The approval is to support the funding and building of a plantation and processing plant based on proprietary technology that was originally developed by ENEnergy, a UK company domiciled in Norway. The refund will be paid in cash to the Company following expenditure. The tax offset payments, called R&D Tax Incentives, are awarded and managed by the Australian Government entity AusIndustry and are designed to provide business with a more predictable and less complex financial support structure during the R&D phase. The payments are administered by the Australian Tax Office based on annual financial statements.


ENEnergy CEO Hans Olav Bjorenak said the Company had applied for and received the approval last year as part of a suite of funding arrangements the company is pursuing to realise ambitious growth plans.


“Ausindustry underwent a rigorous review process that included our project plans and aspects of the technology. They built an understanding of the potential for this technology to be a game changer for the Australian economy and the environment.” said Hans

“We see this as a great endorsement of our technology and our project plans and look forward to delivering a great result for the Australian economy, the environment and ENEnergy shareholders.”

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