Energy storage and battery market experts speak with Energy-Storage.news about current and possible supply chain and downstream impacts of the US and Israel’s war on Iran.
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.
Climate Energy Finance’s Tim Buckley argues that geopolitical instability exposes Australia’s oil dependency and positions the country as a safe haven for international renewable energy capital.