Australia's clean energy future relies on large-scale electricity storage

Associate Professor Guillaume Roger from Monash University's Faculty of Business and Economics authored a white paper highlighting the critical role of large-scale electricity storage in achieving Australia's clean energy targets. The report, launched in conjunction with the Monash Energy Institute, outlines policy recommendations and reforms necessary for efficient storage operation and investment. These include implementing Locational Marginal Pricing, a day-ahead market, and promoting forward contracting.

The research emphasises the need for new financial instruments and further research to support a renewable-centric energy market, aiming to meet Australia's ambitious clean energy goals.

Read the full article in Monash News

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