4min chapter

Energy Unplugged by Aurora cover image

EP.114 Global Project Finance Series in partnership with SMBC Group PART II - Australia

Energy Unplugged by Aurora

CHAPTER

The Future of Storage and Hydrogen in Australia

Aurora like a lot of other forecasts is a material role for storage and hydrogen in the energy transition particularly in Australia given its natural endowments but even in mature markets like Australia debt funding for these technologies has been challenging. Rowan, how are revenue streams evolving for storage and can you talk a little bit about some of these longer-term capacity-style payments that are being discussed?Rowan: The predominant type of longer-term contract we've seen to date in the Australian context has actually been bilateral contracts with the transmission network operators providing kind of storage as transmission. We're certainly seeing it in terms of the quality and detail of work that is going into site selection is increasing materially

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