Australia’s recent federal election has sent a message: the nation is ready to embrace a clean energy future. With Labor securing victory, the renewable energy agenda has gained strong public backing.
An attraction for constituents is Labor’s plan to provide a new home battery subsidy, aimed at installing one million units by 2030. This initiative is designed to complement Australia’s rooftop solar sector, helping households store excess energy and reduce reliance on the grid during peak times.
Climate Change and Energy Minister Chris Bowen described the election as a turning point. “In 2022, the Australian people voted to finally act on climate change. [...] Australia’s energy future is wind and solar, backed by storage. Coal and gas will have a fast-declining role to play and nuclear energy will have none at all.”
In Western Australia, the state Labor government has promised a $150 million investment will fund the construction of a 50-megawatt vanadium flow battery in Kalgoorlie-Boulder by 2029. This large-scale storage project is expected to enhance grid stability and support the transition away from coal-fired power.
Nationally, the government has set a target for over 80% of electricity on the main grid to come from renewable sources by 2030. Backed by significant investments
in clean energy infrastructure, this goal would position Australia as a global leader in the transition to net-zero emissions.
Prime Minister Anthony Albanese summed up the government’s vision, “There is no nation on earth better placed than Australia to achieve the energy transition
here at home and power it in the world.”