Chief scientist warns in new report that Australia risks missing out on global growth industry of energy storage because of ongoing policy uncertainty

Australia’s power grid can reach penetrations of 50% renewable energy without a significant requirement for storage to support reliability, according to a new report commissioned by Australia’s chief scientist, Alan Finkel.

While the Turnbull government has made much of the need for storage to increase security and reliability in the national power grid, the new report from the Australian Council of Learned Academies (ACOLA) says at an aggregated national level, 50% renewables is possible without major investments in storage for reliability purposes.

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