The recently announced
clean energy targets are a sign that the opportunities for Australia as we build towards clean energy are endless, we have the chance to be a world leader in utilising clean technology. We must look inwards at our own manufacturing, our own people, our own smart technology – Australian industry leaders must not just want this, they must demand that we support homegrown Australian made clean energy solutions lead by lithium and energy storage.
There are people who think we cannot focus on reducing emissions because all that counts is the economy, there are others who insist the opposite is true, and the only focus should be on reducing emissions. This is a false narrative. We can only get to the zero-emissions finish line by getting the strategy right for both. The opportunities are right in front of us, Lithium and other batteries such as Flow Batteries built in Australia.
This effort is led by Future Battery Industries CRC and the Lithium Valley project. Mining haul trucks and rail infrastructure electrified using batteries and power electronics, supplied by Australian battery and power electronics companies. Power stations and transmission / distribution need batteries, again, why not Australian made batteries? We have a myriad of great aussie communication companies who can monitor and control these assets.
This type of local investment isn’t just a pipedream, Nissan make about 30,000 Leaf electric cars at its UK factory, most with a locally sourced 40 kilowatt-hour batteries and recently announced it would source a more powerful UK-made battery for its electric cars, further creating local jobs. US battery cell company KORE are creating a one million square-foot facility to produce their Energy Storage System using state-of-the-art, battery assembly lines and processes. The plant is designed to meet market demand for battery energy storage systems, and once completed, will possess 10GWh of highly scalable manufacturing capacity for the future.
The benefits are clear as day, creation of thousands of smart jobs for both current and future students, fantastic, reliable, fast and cost-effective support of our resource companies. utilities no longer in awe of overseas technologies, the days of these companies delighted to take their photo next to imported products will be a thing of the past, far fewer imports, far bigger exports! Australian technology can lead the world – the opportunities are right in front of us, and we must lead the charge here at home
Director, Magellan Power
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