Battery Supply Chains

How batteries for energy storage and electric vehicles can greatly cut Australia's emissions

November 2023

A rapid roll-out of batteries in stationary energy and electric vehicles can help us achieve an 81% emissions reduction by 2030

As global economies shift to renewable energy and electric transport, Australia has a limited window of opportunity to capture long-term economic growth, energy security, and to embed itself as a key player in the global supply chain for batteries.

An Australian battery manufacturing industry could create 44,000 jobs and $57 billion in GDP in 2035.

Australia will need nearly 2TWh of batteries by 2035 to meet its stationary energy and electric vehicle needs. The deployment of batteries can reduce Australia's emissions by 23% by 2035, enabling the storage of renewable energy and facilitating decarbonisation in various sectors.

An Australian battery manufacturing industry could create 44,000 jobs and $57 billion in GDP in 2035.

Australia will need nearly 2TWh of batteries by 2035 to meet its stationary energy and electric vehicle needs. The deployment of batteries can reduce Australia's emissions by 23% by 2035, enabling the storage of renewable energy and facilitating decarbonisation in various sectors.

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