RACE for 2030 CRC

Client

University of Technology Sydney

PROJECT OVERVIEW

RACE for 2030 CRC is a consortium of 86 partners which collectively represent Australia’s largest effort to drive the country towards more reliable, affordable and clean energy.  It will do this by helping Australia transition towards renewable energy and taking on …

APPROACH

The idea of bringing together this consortium had been attempted previously but never achieved the necessary support from the industry.

RESULTS

CIS led and acted as the CEO of the consortium until it had secured 79 partners and raised $322 million in funding.  

The focus on this consortium is to reduce energy prices, carbon emissions and exploit Australia’s natural competitive advantage in renewable energy.  Economic modelling indicates that over the next 15 years these initiatives will generate nearly $10 billion of benefits for the Australian economy. 

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