Energy pundits have urged the government and private sector to take more assertive action to shore up access to critical clean-energy components.
Australian companies are disadvantaged against counterparts in countries such as France, Germany and Belgium, which have gained supremacy in clean-energy supply chains by bidding using a “whole of country” approach on 10-to-15-year procurement timeframes, says Transgrid’s head of major projects, Gordon Taylor.
Hysata chief executive Paul Barrett says Australia needs a big, bold policy to match the United States’ recently announced Inflation Reduction Act – in reality a clean energy bill – that supports sovereign manufacturing to ensure Australian companies can service the Australian market. Former chief scientist Alan Finkel agrees it is time to exercise the well-worn tradition of using subsidies to accelerate Australia’s national interests in the clean-energy race and maintain leadership in nascent markets such as hydrogen.
The NRF – alongside the Manufacturing Modernisation Fund and efforts to secure supplies of rare earths minerals – forms the crux of the
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