Reliable, Affordable Clean Energy for 2030 (RACE for 2030) is an innovative collaborative research centre for energy and carbon transition. We were formally established by agreement with the Commonwealth in July 2020. Funded with $68.5 million of Commonwealth funds and commitments of $280 million of cash and in-kind contributions from our partners, bringing the expected resources base to about $350 million to invest in research, commercialisation, capacity building market transformation and CRC operations. Our aim is to deliver $3.8 billion of cumulative energy productivity benefits and 20megatons of cumulative carbon emission savings by 2030. RACE is committed to creating value for our partners and is investing significant resources to understand our partners’ research priorities.