Demand for batteries will continue to increase. By investing in local production and drawing on our natural resources we can lead the global transition to net zero.
Battery technology can help:
- power devices, vehicles and electric vehicles (EV)
- store renewable electricity
- stabilise the electricity grid and market
- lower emissions and help achieve net zero by 2050.
To meet this increase in demand the Australian Government will target the following high-value areas:
- manufacture energy storage systems for renewable grids
- supply battery active materials to the world
- provide batteries for our transport industry
- use local idea to help build safer and more secure batteries.
The government identifies clean energy storge as a critical technology in the national interest.
The Future Made in Australia National Interest Framework also identifies batteries and the minerals we use in their construction as critical to economic resilience and national security.
Building Australia’s battery sector
The National Battery Strategy aims to build a successful local battery manufacturing industry and position Australia as a global leader in renewable energy.
The strategy outlines 5 main actions to achieve this:
- build battery manufacturing capabilities in ways that strengthen economic resilience, leverage Australia’s comparative advantages and add value to our economy.
- build knowledge and skills to create secure Australian-made jobs
- secure Australia’s place in global battery supply chains
- lead the world on sustainability, standards and the circular economy
- bring all levels of government together.