Gross income for the organisation increased 90 per cent over the preceding year demonstrating improved penetration into target markets including advisory services, energy and innovation.
Results for the 2015/16 year indicate increasing demand for services across all key areas of the business. Project delays have continued to impact on net revenue, however, with several geothermal energy projects being deferred to the 2017 financial year.
Key achievements across the various business units for the year include:
Detailed design and procurement of the geothermal power plant for Winton Shire Council was completed, with the plant scheduled to be operating in early 2017. LGIS also completed concept designs for geothermal plants at Charleville and Longreach and pre-feasibility reviews for geothermal power at several other towns.
LGIS continued discussions with Ergon Energy Queensland on using its distribution network as an alternative to councils building private networks for their geothermal power projects. Ergon is interested in collaborating with LGIS to combine geothermal, solar and battery storage technologies to provide power for entire communities through micro-grids. Community-focused projects totalling 100MW of generation capacity are expected to be progressed over the 2017 financial year.
Demand for general advisory services experienced strong growth over the 2016 financial year with cost savings delivered to numerous councils through rigorous project management practices and independent project oversight.
LGIS’ service offering has continued to develop with expertise covering several technical infrastructure advisory disciplines including:
The LGIS Business Solutions team continues to focus on the development of innovation offerings including technological solutions and industry-leading consulting services.
LGIS’s expertise in Smart Cities and Smart Infrastructure has been highlighted by key project appointments including a detailed feasibility study into smart street lighting on behalf of the SEQ Council of Mayors. LGIS has also developed strategic partnerships to facilitate the delivery of operational efficiencies and cost savings to the local government sector through the deployment of smart street lighting, smart water meters, smart meters and CCTV.
LGIS also launched the RPA Gateway Service (Remotely Piloted Aircraft) pioneering the use of drones for local government services including geospatial data capture, asset inspections, compliance inspections and operational planning.