Australia: Battery storage cushions AU$1 billion fuel shock as Climate Council demands May budget action

April 10, 2026 at 6:02 AM
George Heynes
Energy-Storage.news Storage_Batteries Batteries & BESS climate_policy_analysis ✓ Processed

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Australia's heavy reliance on imported fossil fuels has left households and businesses dangerously exposed to global energy shocks, with the current conflict involving the US and Iran costing motorists more than AU$1 billion (US$710 million) in March alone.

Australia's heavy reliance on imported fossil fuels has left households and businesses dangerously exposed to global energy shocks, with the current conflict involving the US and Iran costing motorists more than AU$1 billion (US$710 million) in March alone.

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