Queensland unveils A$570 million battery jobs plan

Queensland unveils A$570 million battery jobs plan

Queensland unveils A$570 million battery jobs plan 760 656 Energy Storage Journal

February 22, 2024: Queensland today published plans to invest A$570 million ($375 million) to create clean economy jobs in the Australian state based on battery technologies and manufacturing.

Queensland’s battery industry could contribute up to A$1.3 billion to the economy and generate more than 9,000 jobs by 2030, the state government said.

Ministers say the five-year program focuses on developing advanced manufacturing of battery materials, cells, pack assembly, installation, and recycling.

The program includes establishing an Australian Battery Industrialization Centre in partnership with the federal government.

Queensland premier Steven Miles said: “We have already made great progress in building out our battery industry supply chain, with substantial investment in battery projects right across the state.”

 Miles said the state can draw on its ability to mine minerals critical to the battery industry to underpin its manufacturing program.

In March 2022 Australian renewables and energy storage developer Genex Power announced the financial close of its first agreement in a planned series of major battery projects in the state of Queensland (see image).

Last February, flow battery maker Redflow said it would step up its collaboration with partners toward developing new commercial projects in the state of Queensland.