Building an affordable, clean and secure energy system
Energy storage technologies have a critical role to play in the development of an affordable, clean and secure energy system.
Private investment is essential for building the storage needed but investors are uncertain of returns. In collaboration with members and industry we helped design the Capacity Investment Scheme, which aims to decrease risk and accelerate investment in capacity and storage. It will also support our energy system to reach 82% renewables by 2030.
With huge growth needed in large-scale storage, recruiting electricians, engineers and skilled workers is critical.
Our Careers for Net Zero job fair and our Careers Guide are engaging the next generation of clean energy workers, and we're working with unions, governments and training organisations to unlock skilled migration and portable entitlements.
The electricity market wasn't designed with instantaneous capacity offered by Battery Energy Storage System (BESS) in mind. We're proposing changes to how the market works to reward the benefits battery storage brings including shortening the current energy market settlement regime down to five minute increments and opening up Fast Frequency Response opportunities in the frequency control regime.
27
large-scale batteries under construction at the end of 2023
$4.9bn
in new financial commitments
The Large-scale Storage Directorate looks at issues relating to project development and operation; policies to support continued development of new and existing technologies; and the investment and technical challenges that surround integrating storage technologies into Australian energy markets.
Clean Energy Council members can log in to read more:
JM
Join the Large-scale Storage Directorate
The majority of our policy work is developed with our Members in Directorates, with smaller working groups and committees tackling specific challenges.
policy and advocacy
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