downtoearth-subscribe

Fully charged: renewables and storage powering Australia

Australia's love affair with clean energy and battery storage is only just beginning, with the nation on the verge of an energy storage boom, as the cost of lithium-ion batteries rapidly drops, a new report details. The 'Fully Charged: Renewables and Storage Powering Australia’ report shows that Australia is on the cusp of a reliable renewable energy future, as the cost of energy storage rapidly drops, with prices dropping by 80 per cent since 2010, and are tipped to halve again by 2025.