Australia and the united states energy storage field

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.

Can Australia take a leading role in energy storage manufacturing?

Australia has limited potential to take a leading role in energy storage manufacturing for current technologies. The energy storage sector is developing at a rapid pace globally and attempting to compete against global manufacturers in established technologies would pose great challenges.

Is Australia a great national strength in energy storage technologies?

Finding 1 Australia’s research and development performance in energy storage technologies is world class and is regarded as a great national strength. However, if Australia is to maximally benefit from this strength then strategic focus and enhanced collaboration with national and international companies is required.

Does Australia have a competitive advantage in energy storage systems?

Many stakeholders suggested that Australia has greater competitive advantages and potential for manufacturing success in the hardware and software systems that will be required for smart management and integration of energy storage systems.

How can Australia benefit from energy storage research?

Australia is recognised as conducting world-leading research in a number of energy storage disciplines. However, deriving the full benefit from this research will require improved performance in research translation, industry-research collaboration and commercialisation.

Can Australia be a leader in energy storage?

Australia has the potential to be at the forefront of deployment of energy storage technologies. High penetration of rooftop solar systems coupled with high energy prices by international standards mean the appetite for distributed storage is large.