Australia has the potential to be a leader in the deployment of distributed energy storage. High penetration of rooftop solar systems and high energy prices by international standards make energy storage an attractive option for Australians.
In addition, large-scale storage technologies are likely to be required to provide secure, affordable electricity when transitioning to a low emissions economy. These factors suggest that Australia could be a testbed for the deployment of energy storage technologies, creating a number of opportunities for research activity and industry growth.
This project involved supply chain mapping for major energy storage technologies to determine key opportunities for Australia in this field. It also examined emerging energy storage technologies and existing expertise in Australia through desktop research and over 80 consultations with key energy stakeholders from research institutions, industry, peak bodies, and government agencies.
The insight this multi-pronged approach provided led to an assessment of the policy and regulatory conditions required to enable Australia’s greatest opportunities for energy storage research and industry.
View the full ACOLA report and additional contributing reports.
The key findings of the project are summarised in Table 1.
Promoting Australia's advancement through technology