About Suriname battery breakthrough initiative
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About Suriname battery breakthrough initiative video introduction
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5 FAQs about [Suriname battery breakthrough initiative]
What is the battery breakthrough initiative?
Announced in the 2024-25 Federal Budget in May, the Battery Breakthrough Initiative aims to fund projects that enhance the development of Australiaβs battery manufacturing capability to improve supply chain resilience and provide opportunities for Australiaβs economy and workforce in the renewable energy transition.
When will Arena launch the battery breakthrough initiative?
Consultation is now open, with submissions due by 10am, Monday 7 October 2024. ARENA is aiming to launch the Program by late 2024 or early 2025. ARENA will deliver the Battery Breakthrough Initiative, which is aligned with the Economic Resilience and Security stream of the Future Made in Australia (FMA) policy agenda.
How do I apply for funding under the battery Breakthrough Program?
Please complete the form with respect to each Project you wish to apply for funding under the Program using the form available on the Battery Breakthrough webpage. If you are intending to submit applications for multiple projects, please complete a new form for each project.
When will the battery Breakthrough Program Open?
More information on these consultation webinars can be found on the Battery Breakthrough webpage. Following the conclusion of the consultation period and finalisation of the Program Guidelines, it is anticipated that the Program will open in late 2024 or early 2025. The timeline set out below is indicative only and subject to change.
Are batteries a key enabler of Australia's emissions reduction goals?
ARENA CEO Darren Miller said batteries are a crucial enabler of Australiaβs emissions reduction goals. βEnergy storage technology is absolutely critical for our renewable energy future. We know that solar and wind energy can provide us the lowest cost renewable energy at scale, but we also need to be able to store it for when it is needed.