Federal government teases strategy on battery storage and power prices

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Federal government teases strategy on battery storage and power prices
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The federal government will spend the next few weeks talking to energy storage companies before revealing what it will do to help build more big batteries around the country.

Lithium-ion batteries are crucial for storing energy from renewablesMinister for Industry and Science Ed Husic went to the coal-heavy Hunter Valley today — a region poised to undergo a dramatic industrial shift on the path to net zero emissions by 2050."We don't have a moment to lose because we've wasted so many of these moments over the past few years, not recognising that a lot of this activity will create great jobs.

Ideas for renewable energy projects to be built in coal regions, like the NSW Hunter Valley, have been touted by the federal and state governments as discussions of transition intensify.

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