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.



ENEnegy Australia Pty Ltd (ENA) has a unique intellectual property to convert barren land biomass into transport sector fuels and green coal (lignin). When used on Australian barren land, this will give a carbon negative, high volume, totally renewable energy source.  Australia can with this be the Saudi Arabia of green oil. 

The first project is planned for Western Australia and will produce 90,000 barrels per day of replacement transport sector fuels which equates to just under 20% of the Australian gasoline market and just under 10% of Australia’s crude oil consumption.  

The carbon effect of this first project is estimated to over 16 million tonnes annually.

Projects like these become more than energy production. They are also climate, security and national development projects. 

The total funding requirements for Project 1 is estimated to be US$2.3 billion and may be undertaken in cooperation with other energy companies.

ENA’s proforma balance sheet has independently valued net equity of AU$300 million/240 million US. 


ENA was incorporated as a direct result of finding viable renewable energy solutions. It concluded that converting biomass to other forms of energy without using any type of combustion was the most renewable source.

Extensive working relationships have been established with the world’s leading Engineering Procurement and Construction Companies (EPCs) who have evaluated ENA’s processes and have confirmed that they can be built at an industrial scale.

The company is led by Hans Bjornenak and Ivar Skaarset, who have a combined 60 years’ experience in the energy market. Both started out with the establishment of the Norwegian oil industry. 

Based on conservative modelling prepared by management, the financial forecast for the first three years of production is as follows, in $US Billion:


Forecast 2021 ($)

Forecast 2022 ($)

Forecast 2023 ($)





Total COGS




Fixed Overhead








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