The failure of a lithium mining company highlights why it’s time Australia took a strategic interest via a Sovereign Wealth Fund for battery metal mining.
Battery metals could be for Australia in the 21st century, what oil and gas was to Norway in the 20th.
If Australia catches 25% of the battery metals market, it could double the mining revenue it currently gets from coal exports.
it is not ageing infrastructure holding Australia’s energy market back. It is ageing institutions that have failed to get a grid on technology change.
Australia is the only country that you could throw a wall around and still have all the materials you need – cobalt and graphite and lithium – for battery storage.
Given Tesla is saying almost all of its charging stations will go off-grid, is it time to revisit out assumptions about the energy market?
Endeavor Energy shift to local network ownership is the most sensible and exciting development we have seen for sometime in Australia’s energy market transition.
There is a big shift happening for homes, and whole communities, to look after their own energy needs. Microgrids are the future, but what matters most is how network companies respond.
On the surface, the solar lease is bright and shiny, guaranteed to make you smile and soften those pesky energy bills and emissions. But buyer beware..
Battery price falls and equity issues around grid defection will be among the main issues to impact the market this year.