Clean Energy Investor Group CEO Richie Merzian says Australia needs to build a grid which can “continuously” provide energy.
Mr Merzian told Sky News Australia that there must be “dispatchable energy” to complement the variable renewable energy.
“We’re seeing a lot more batteries come on the grid and we need more of that storage, we need more pumped hydro as well,” he said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.