Australian energy storage applications

Australian energy storage applications

A report from the Clean Energy Council (CEC) released in June 2024, titled The Future of Long Duration Energy Storage, noted that lithium-ion batteries (LIB) and pumped hydrogen energy storage (PHES) are currently the dominant energy storage systems for renewables in Australia.

6 FAQs about [Australian energy storage applications]

How is energy stored in Australia?

Currently storage of electrical energy in Australia consists of a small number of pumped hydroelectric facilities and grid-scale batteries, and a diversity of battery storage systems at small scale, used mainly for backup. To balance energy use across the Australian economy, heat and fuel (chemical energy) storage are also required.

What are Australia's energy storage technology opportunities?

The second report identifies significant energy storage technology opportunities for Australia across global supply chains. Australia has world-class resources of raw materials used in battery manufacturing, most notably lithium.

Is energy storage a viable solution to Australia's energy security and reliability needs?

The report finds that energy storage is both a technically feasible and an economically viable approach to responding to Australia’s energy security and reliability needs to 2030, even with a high renewables generation scenario.

Is there a dominant energy storage technology in Australia?

“The roadmap indicates that there is no one dominant energy storage technology and that an integrated mix of storage technologies will be required across and within different sectors of the Australian economy.

What is the energy storage project?

Delivered as a partnership between Australia’s Chief Scientist and ACOLA, the Energy Storage project studies the transformative role that energy storage may play in Australia’s energy systems; future economic opportunities and challenges; and current state of and future trends in energy storage technologies and their underpinning sciences.

Can energy storage meet Australia's growing demand?

It also found that while traditional storage technologies (such as batteries and pumped hydro) will continue to play a key role, all forms of energy storage must be considered to meet Australia’s growing demand across multiple sectors.

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