Revolutionizing Australia's power landscape: The role of battery storage and hydrogen
In this webinar, Wood Mackenzie's power, energy storage and hydrogen experts will be sharing their insightful research findings on the Australian market.
Will falling wholesale prices slow new battery investments? Will Australia be a regional hydrogen exporter? Join Wood Mackenzie in the live discussion.
- Australia will see 82% decline in wholesale power prices by 2050 driven by renewables surge
- Renewables as a share of peak load will reach as high 140% by 2030
- Green hydrogen projects from hybrid onshore wind and solar will compete with blue hydrogen as early as 2027
- Hydrogen and derivatives is not all about cost – life-cycle emissions are needed to avoid EU’s carbon tariff
- Lithium spot prices have come down by more than 50% this year compared to the peaks of 2022 due to softening EV demand globally
- Cost of grid-scale storage in China will fall by 50% over the next decade, faster than anywhere else in the world
Robert Liew, Director, APAC Power & Renewables Research
Antoine Gaudin, Managing Consultant, Asia Pacific Energy Transition Practice
Kashish Shah, Senior Research Analyst, APAC Energy Storage
Flor Lucia De la Cruz, Principal Analyst, Hydrogen and Emerging Technologies