Australian Sugar Manufacturers (ASM) has released its election priorities which target continued growth for regional economies and reinforce sugar’s status as a key element of regional manufacturing in Queensland.
The $4.4 billion sugar industry employs over 20,000 people and contributes around $2.5 billion annually to Australia’s export revenues. Beyond sugar, the sector offers major opportunities in baseload renewable electricity and biofuels.
The Australian Sugar Manufacturers (ASM) have urged the Queensland Government to recognise the sugar industry’s unique potential to deliver renewable, synchronous baseload electricity. By expanding its cogeneration capacity, the sector can play a key role in ensuring an affordable, reliable, and smooth energy transition for Queenslanders.
“Sugar manufacturers can provide Queenslanders with 2.6 terawatt hours of electricity per year by expanding our cogeneration capabilities,” Ash Salardini, CEO of ASM said. “That’s enough to power around 500,000 homes with reliable, affordable, renewable energy.”
Australians could be paying more for their electricity because governments and political parties are overlooking the benefits of renewable electricity cogeneration from bagasse – a sugar manufacturing byproduct. This blind spot could push Queensland’s projected wholesale electricity prices up by 15% over the next decade. If governments partner with us, we could deliver a 10-15% reduction in forecast wholesale electricity prices in the coming decade for Queenslanders, saving consumers hundreds of millions of dollars a year.
Australian Sugar Manufacturers (ASM) welcomes the Federal Government’s Budget announcement for the introduction of a national licensing scheme for electricians and the enhancement of apprenticeship incentives. The extension of these measures is essential to address the critical workforce challenges faced by the sugar manufacturing sector.
The Australian Sugar Milling Council has officially transitioned to its new identity as Australian Sugar Manufacturers (ASM), reinforcing its role in sugar production, renewable energy and bio-based manufacturing in Australia. The rebrand comes at a time when sugar manufacturing is being recognised as a viable and sustainable contributor to renewable energy and biofuel.
Ash Salardini, CEO of Australian Sugar Manufacturers says this was confirmed by the recently announced ARENA funding to assess the viability of a sustainable aviation fuel biorefinery at ASM’s member Isis Central Sugar Mill, using sugar derived feedstocks.
The Federal Government has since allocated $250 million from the $1.7 billion Future Made in Australia Fund to explore domestic feedstock supply for low-carbon liquid fuels.
