Queensland reveals $179M investment in renewable batteries

Premier Steven Miles has revealed a $179 million investment to move the following phases of Queensland’s thriving nearby network-associated batteries program.

The funding, drawn from the Queensland Renewable Energy and Hydrogen Jobs Fund, is reserved for the establishment of 12 new local network-associated batteries decisively situated across the state.

The outcome of stage one, which saw the development of five organization-associated batteries in Bundaberg, Hervey Sound, Toowoomba, Townsville, and Yeppoon, established the groundwork for the continuous stages, as per the public authority. As of now, stage two is underway, with the development of 12 batteries in different areas, including Cairns, Mackay, Gladstone, and Bribie Island.

Premier Steven Miles expressed that Queenslanders, famous for their management of housetop solar, have the highest rate of roof solar in Australia. As per him, the battery program is vital to accomplishing the state’s objectives of 70% sustainable power by 2030 and Net Zero Emissions by 2050.

“Additionally, flow battery development is an opportunity for Queensland battery manufacturers – supporting good jobs, training and supply chains right around the state,” said Miles.

According to Energy Minister Mick de Brenni, the batteries would lessen peak demand times, lowering electricity costs for homes and businesses. “Investing in batteries helps build the clean energy supply chain, creating business opportunities and jobs for Queenslanders,” said Brenni.

Peter Price, Energy Queensland’s Chief Engineer, stage one of the program saw the development of five local network-associated batteries, with stage two in progress to add another 12 batteries. “With these battery projects we’re aiming for a win-win-win scenario that achieves the energy trifecta for communities throughout the state – affordability, security and sustainability,” said Price.