Taylor outlines technology investment priorities
Hydrogen, energy storage and carbon capture and storage are key planks of the Federal Government's new Low Emissions Technology Statement.
Energy and Emissions Reduction Minister Angus Taylor released the statement, described as the first milestone in Australia’s Technology Investment Roadmap.
It outlines five priority technologies and economic stretch goals to make new technologies as cost-effective as existing technologies. These are:
- Hydrogen production under $2 per kilogram.
- Long duration energy storage (6-8 hours or more) dispatched at less than $100 per MWh – this will enable reliable, firmed wind and solar at prices around. . .
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