The US Department of Energy (DOE) will collaborate with Australia on its Long Duration Storage Shot initiative as well as solar PV supply chains, following a meeting in Brazil between US secretary for energy Jennifer Granholm and Australian minister for climate change and energy Chris Bowen.
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The US DOE’s Long Duration Storage Shot initiative aims to reduce the cost of grid-scale energy storage by 90% for systems that deliver over 10 hours of duration within 10 years.
The two countries have signed a Memorandum of Understanding for the Long Duration Storage Shot initiative, with a view to agreeing to joint bilateral projects.
Other outcomes from the meeting include:
- Commencing two jointly funded projects under the Net Zero Technology Acceleration Partnership on grid modernisation and battery integration.
- Committing to sign a MoU between ARENA and the US Department of Energy (DoE) this year.
- Renewing the CSIRO-NREL MoU.
- Establishing ongoing technical exchanges on trade and climate issues, including emissions accounting.
- Intention to hold an inaugural Dialogue on Engaging Tribal and First Nations Peoples in the Energy Transition this year.
- Committing to hold the inaugural Australia-US Clean Energy Industry Council in 2025.
- Supporting and securing clean solar supply chains, commencing with domestic techno-economic feasibility studies.
Related article: Australia and Germany sign joint declaration on hydrogen
“Australia and the United States will continue to work together to advance our shared climate and green industrial goals through the third pillar of the alliance,” a statement from the two countries said.
