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Battery Storage Projects Face Delays and Cost Increases
Wind and solar don't work at night or when the wind isn't blowing. Australia is told the solution is batteries! Real world experience shows that batteries are too expensive, too slow to build and don't last long enough to support a grid.
During this session with the Australian Renewable Energy Agency (ARENA), I revisited the status of the eight large-scale battery storage projects funded in 2022, noting that $176 million had been allocated but none had completed construction by February.
I was told that while all projects are progressing, some face challenges like grid connection issues. I highlighted the significant cost increase from $2.7 billion to $3.1 billion and questioned the efficiency and cost-effectiveness of these batteries compared to coal-fired power stations.
I also raised concerns about the stability and reliability of renewable energy sources like solar and wind, and the additional costs associated with making them grid-compatible.
Additionally, I asked ARENA about their responsibilities and the financial transparency of their operations. I emphasised the high cost of electricity in Australia compared to countries like China and criticised the impact of net-zero policies on manufacturing.
We need to ditch net-zero. Use the cheap resources we have in Australia's ground for Australians first!
Transcript: https://senroberts.com/battery-storage
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