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Benefits

Benefits

Benefits to Industry

API will deliver significant and immediate benefits to the Industry, participating universities, and the nation as a whole.

Industry benefits will be achieved through a higher level of engineering expertise, at a lower internal cost to business, together with an enhanced pool of local academic expertise.

The enhanced background of graduates will reduce costs to industry by obviating the need for in-house training that is costly, and often ad hoc.

Increased numbers of graduates and retrained professionals with a relevant training and background will be available to fill industry vacancies.

Provision of a comprehensive graduate program and continuing education system will enable further training and specialisation in the power engineering disciplines.

API would provide a coherent facility for high-level consultancy in electric power engineering specialties, or secondment of contract staff; and an enhanced capability for directed research into current industry technical issues, in conjunction with research into long-term issues.

Benefits to Universities

Universities working collaboratively based on recognized centers of excellence are able to grow their student subject numbers on a national basis as well as demonstrating efficiency and sustainability of operation.

The participating Universities would receive funding to establish specialist groups that have compatible academic and research interests that will serve the identified needs of Australian industry providing a mutually supportive mechanism.

Viable power schools would be further strengthened. Appointment of new talented academics to vacant or new positions and the mentoring and development of their successors would be encouraged and enabled.

Universities would be able to leverage off their enhanced capabilities and reputation to attract more full fee-paying international students.

Benefits to the nation

In the national context, API will deliver:

Benefits to Members

The benefits to individual organisations relate to securing a sustainable source of engineering skills in an industry that has a technically complex asset base supported by specialised engineering capability.

The API will ensure:

The achievement of these general goals will benefit individual organisations by:

Membership of the API ensures these advantages are available to each participating organisation.

Specific benefits of membership are: