Shifting sentiment on Coal favours battery storage and renewables

Australian state governments focus on battery storage. Victoria joins NSW in saying no to “Coalkeeper,” wants focus on battery storage

Interesting article showing the shift from governments to effectively shelve Coalkeeper

"opposition from Victoria and NSW effectively kills the scheme, because no other states are strong supporters. They all want mechanisms that favour fast and flexible dispatchable capacity, and that could be battery storage, demand response, and pumped hydro installations."

For NSW alone that means an "additional 2GW of storage capacity, built by 2030" - “We won’t jeopardise our commitment to halve emissions and reach 50% renewables by 2030 by making additional payments to coal and gas,” D’Ambrosio tweeted.

Happy Monday Holders!