Australia and the Republic of Korea (ROK) have signed a new bilateral agreement to step up climate and energy cooperation and build new clean energy industries and trade opportunities.
Novel sulphur battery cell technologies that could revolutionise the clean energy transition, through delivering longer ranges for EVs, will be developed in Australia in coming years.
The Albanese Government’s Reliable Renewables Plan is gaining momentum, with a $100 million investment to deliver two regional big batteries boosting energy security and a solar farm that will power 160,000 Australian homes.
The Albanese Government is helping fund two new projects seeking to develop cleaner, greener aviation fuel options to reduce emissions in the aviation sector, with $14.1 million from the Australian Renewable Energy Agency (ARENA).
The Albanese Government has today declared the Bass Strait offshore wind zone in northern Tasmania, creating new investment, jobs and cleaner, cheaper, reliable energy across the southern state.
The Albanese Government is delivering enough clean, cheap, reliable renewable electricity to power more than 3 million households, with 19 new projects across New South Wales, Queensland, Victoria, and South Australia mostly due to be operational by 2028.
The Albanese Government is investing in a Future Made in Australia, with a $US75 million deal to boost critical mineral supplies and support the renewable energy transformation.
The latest GenCost report has reaffirmed Australia’s adoption of firmed renewables is the most affordable way to modernise the energy grid, while the costs and time to build a nuclear reactor are rising.