While energy storage can be considered “critical” to Australia’s transformation to a distributed, low carbon energy mix, a lack of investment and planning for the technology could have negative consequences for the network.

Narada Power, which makes batteries and complete energy storage systems as well as acting as a project system integrator, is establishing a subsidiary for the recycling of lithium-ion batteries.

Battery vendors are being hit by a combination of rising prices for raw materials and continuing currency uncertainty, resulting in rapidly changing costs for businesses according to Easystart.