so in Budget Feds didn't throw the States a direct bone regarding technology or renewables but rather directed straight to large industry and development as tax credit starting 2 years down the track if you qualify for critical mineral where the govt tries to pick winners . Trying to compete with USA subsidies unfortunately doesn't create a level playing field and help mid stage companies who may have competitive technology based on what the govt doesn't see as a key mineral.
Looks like RFX should become a hydrogen miner by using large scale solar , battery storage and produce hydrogen and then after that massive inefficiency convert it to a ammonium base and transport it ( safely somehow) and sell it to the world. Govt really has sucked up the twiggy coolaide IMO as if it was viable and currently executable profitably he would be actually doing it at scale as he has the capital but even he has balked ?
Batterys of all types are part of transition and long term energy solution and support the lower investment in the current grid using a distributed model and if well designed it will save n some of the crazy transmission lines proposed just to subsidise excessive solar and wind farms who will not be economic
Very poor budget for Australia unfortunately as not forward looking enough and trying to pick winners and govt are crap at that.
The Aust made idea is just a energy subsidy ( via tax credit) program similar to USA and at a tiny scale in comparison
What a shame all sides of politics are so shorter thinkers and the greens / teals are so unrealistic it is hampering Australia from focusing always on economically viable solutions not pipe dreams.
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