November 2023
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.
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.
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.