The visit provided an opportunity for GMG is showcase our latest battery developments and the Battery Development Centre and for the government delegates to strengthen their battery industry knowledge.
In September 20022, the Queensland Government released its new Energy and Jobs Plan, which sets out to deliver its new target of 70% renewable energy by 2032 and 80% by 2035. The Queensland Energy and Jobs Plan set out a path to transform the power system by 2035, with over $62 billion for estimated capital projects to be funded across public and private sectors. The plan represents long-term opportunities for relevant manufacturing businesses to accelerate, establish or expand their operations in Queensland. A critical component of the Plan is battery and storage investment. The Queensland Government has also committed to investing $500 million for new large-scale and community batteries by publicly owned energy businesses through the boosted QREHJ Fund. The Queensland Government’s “SuperGrid” will be a second critical component, comprising around 1,500 km of new high-voltage backbone transmission.
As part of the 2022 federal election, the now Commonwealth Government has committed to invest in an Australian Made Battery Precinct in Queensland.
Full Details | https://www.alp.org.au/policies/australian-made-batteries
GMG has formally registered its expression of interest in Queensland’s renewable energy future with the Department of State Development, Infrastructure, Local Government and Planning.
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