Battery Breakthrough Initiative

Battery Breakthrough Initiative

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What is the Battery Breakthrough Initiative?

The Battery Breakthrough Initiative provides up to $523.2 million to Australian companies for projects that develop battery manufacturing capabilities through production incentives.

 

Background

The Battery Breakthrough Initiative is a crucial element of the Albanese Government’s National Battery Strategy, designed to cultivate a flourishing battery industry within Australia. With global demand for batteries predicted to increase fourfold by 2030, this strategy strategically positions Australia to leverage this growth. The initiative aims to enhance local manufacturing capabilities, utilise Australia’s abundant natural resources, and fortify the battery supply chain. This marks a pivotal shift from Australia’s traditional ‘dig and ship’ economy towards becoming a renewable energy powerhouse, thereby generating high-skilled jobs and bolstering national economic resilience and security. While the precise details of the program are yet to be unveiled, Bulletpoint anticipates it will encompass these key objectives.

 

Objectives

The objectives of the Battery Breakthrough Initiative are to:

  • Promote the development of advanced battery manufacturing capabilities in Australia.
  • Increase local production of high-value battery components.
  • Enhance Australia’s competitiveness in the global battery market.
  • Support the creation of high-skilled jobs in the clean energy sector.
  • Facilitate the transition to renewable energy sources and reduce carbon emissions.

 

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Focus Areas

The Battery Breakthrough Initiative will target several high-value strategic opportunities to propel Australia to the forefront of the global battery industry:

  • Stationary Storage – Development and deployment of energy storage systems to support renewable power generation across the national grid, communities, businesses, and homes. This focus area aims to ensure a consistent and reliable energy supply, even when renewable energy sources like solar and wind are not generating power.
  • Battery Active Materials – Enhancing the production of high-value battery components by processing raw minerals. This initiative will strengthen the battery supply chain, making Australia a key supplier of essential battery materials. By upgrading raw materials into processed components, Australia can add significant value locally and reduce dependency on imported battery parts.
  • Advanced Battery Technology – Leveraging Australia’s world-leading expertise to develop safer and more secure batteries for integration into the grid. This focus area will involve innovation in battery design and manufacturing to improve safety, efficiency, and reliability. Advanced batteries will support a more resilient energy infrastructure and contribute to grid stability.
  • Transport Manufacturing – Manufacturing batteries tailored for the transport sector, including electric vehicles (EVs) and heavy vehicles. This focus will support the growth of Australia’s EV market and contribute to the reduction of greenhouse gas emissions from the transport sector. By developing domestic battery manufacturing capabilities, Australia can become a major player in the global EV supply chain.

Eligible Entities

Applicants for the Battery Breakthrough Initiative must meet the following criteria to be eligible:

  • Be a legal entity with an operating business presence in Australia.
  • Have a current Australian Business Number (ABN) and be registered for Goods and Services Tax (GST).
  • Demonstrate the capability and capacity to undertake the proposed project.
  • Provide evidence of financial viability and the ability to meet co-funding requirements.

Eligible Expenditure

The eligible expenditure for the Battery Breakthrough Initiative includes:

  • Costs associated with research and development of new battery technologies.
  • Expenses for the establishment or expansion of battery manufacturing facilities.
  • Purchase of equipment and materials necessary for battery production.
  • Costs related to workforce training and development specific to battery manufacturing.
  • Marketing and commercialisation activities to bring new battery products to market.


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Funding

Eligible companies can apply for grants between $50,000 and $2.5 million with matched funding on a 1:1 basis. The total pool of funds available under the Battery Breakthrough Initiative is $523.2 million, aimed at supporting multiple projects over several years.

Eligible Activities

Eligible activities for the Battery Breakthrough Initiative include:

  • Development and scaling of battery manufacturing processes.
  • Pilot projects and demonstration of new battery technologies.
  • Research into advanced materials and components for batteries.
  • Commercialisation of innovative battery products.
  • Establishment of partnerships and collaborations with research institutions and industry stakeholders.

How to Get the Battery Breakthrough Initiative

In order to get the Battery Breakthrough Initiative, you will need to focus on:

  • Clearly outlining the project’s objectives and expected outcomes.
  • Demonstrating the commercial viability and market potential of the battery technology.
  • Providing detailed project plans, including timelines and milestones.
  • Showing evidence of co-funding and financial stability.
  • Highlighting the team’s expertise and capability in battery technology and manufacturing.
  • Explaining how the project aligns with national and state-level energy and environmental goals.
  • Detailing the economic, environmental, and social benefits of the project.
  • Identifying potential risks and mitigation strategies.
  • Securing letters of support from industry partners or stakeholders.
  • Preparing a comprehensive budget showing how the funds will be used effectively.
 

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Competitors for this grant

We have a skill in working out who are good potential recipients of this grant. This is who you will be up against for funding:
 
  • Gelion – Gelion is developing innovative gel-based zinc bromide batteries that are more cost-effective, sustainable, and suitable for high-temperature environments. Their focus on scalable and recyclable battery solutions positions them as a leading emerging player.
  • Energy Renaissance – This company is at the forefront of lithium-ion battery manufacturing in Australia, with the development of the Renaissance One Gigafactory. Their commitment to local sourcing and high safety standards makes them a strong candidate.
  • Calix Limited – Calix, in collaboration with Deakin University, is working on advanced battery materials using unique reactor technology. Their environmentally friendly and cost-effective solutions highlight their innovative approach to battery technology.
  • Sicona Battery Technologies – Sicona is focused on developing next-generation composite battery materials, specifically silicon-composite anode materials, which can significantly improve the performance of lithium-ion batteries.
  • Relectrify – Relectrify specialises in repurposing used batteries for energy storage applications, extending the lifecycle of battery systems and reducing waste. Their technology optimises the performance of second-life batteries.
  • Vaulta – Vaulta is developing advanced battery casings that improve the safety, efficiency, and recyclability of battery systems. Their innovative design reduces the need for adhesives and simplifies the recycling process.
  • Sparc Technologies – Sparc Technologies is exploring the use of graphene in battery applications to enhance the performance and durability of batteries. Their research into advanced materials aims to revolutionise energy storage solutions.
  • VSPC (Very Small Particle Company) – VSPC is focused on producing high-quality, low-cost cathode materials for lithium-ion batteries. Their advanced manufacturing processes and innovative material solutions position them as a key emerging player.
  • Li-S Energy – Li-S Energy is working on developing lithium-sulphur batteries, which offer higher energy density and improved safety compared to traditional lithium-ion batteries. Their cutting-edge technology has significant commercial potential.
  • Graphene Manufacturing Group (GMG) – GMG is utilising graphene in the development of high-performance batteries and supercapacitors. Their focus on advanced nanomaterials aims to enhance the efficiency and longevity of energy storage systems.

Timing

The opening date for the Battery Breakthrough Initiative applications is TBA

More Information

Source

Partner with Bulletpoint for Your Battery Breakthrough Grant

With over a decade of expertise in securing grants for clients and holding the title of Australia’s highest-rated government grant consultant, Bulletpoint is your ideal partner for the Battery Breakthrough Initiative. We understand what types of projects the government is eager to fund and know precisely how to position your project for maximum appeal.
Our team excels in identifying the key elements that make a proposal stand out, ensuring your battery technology project aligns with the government’s objectives. We’ll guide you on which key collaborators to involve, strengthening your proposal and increasing your chances of securing up to $2.5 million in funding.

Get started with Bulletpoint to power your battery innovation.

Book a consultation through Calendly, call us at 1300 658 508, or send a message here to discuss your project. Let’s turn your vision into a funded reality.

Case Studies

Bulletpoint has identified a number of potential projects for funding from this grant.

Stationary Storage
Projects in this area may include developing large-scale battery storage systems for solar power plants, community-based energy storage solutions, and business park renewable energy storage systems.

This project will establish an advanced processing facility for lithium, a critical component in battery production. The facility will focus on upgrading raw lithium into high-value battery components, using innovative processing techniques to maximize yield and purity. By strengthening the battery supply chain, this project aims to position Australia as a key supplier of essential battery materials. The funding will support the construction of the facility, procurement of state-of-the-art equipment, and the hiring of skilled personnel to manage operations.

This initiative aims to develop a refinement plant for nickel and cobalt, two crucial materials for battery production. The project will focus on transforming raw ores into high-quality battery-grade materials through advanced chemical processes. By enhancing the local supply chain, this plant will reduce dependency on imported materials and increase Australia’s competitiveness in the global battery market. The funding will be used for building the plant, acquiring necessary technology, and training the workforce to operate the facility efficiently.

This project will fund research into using graphene to enhance battery materials, aiming to improve the performance and longevity of batteries. The research will explore innovative ways to incorporate graphene into battery components, potentially leading to breakthroughs in energy density and charging efficiency. The funding will support laboratory experiments, pilot production, and collaboration with industry partners to commercialize the findings. This initiative seeks to position Australia at the forefront of battery material innovation, leveraging advanced materials to create superior battery technologies.

Battery Active Materials
Projects may focus on establishing advanced processing facilities for lithium, refining plants for nickel and cobalt, and research into using graphene to enhance battery materials.

This project will establish an advanced processing facility for lithium, a critical component in battery production. The facility will focus on upgrading raw lithium into high-value battery components, using innovative processing techniques to maximise yield and purity. By strengthening the battery supply chain, this project aims to position Australia as a key supplier of essential battery materials. The funding will support the construction of the facility, procurement of state-of-the-art equipment, and the hiring of skilled personnel to manage operations.

This initiative aims to develop a refinement plant for nickel and cobalt, two crucial materials for battery production. The project will focus on transforming raw ores into high-quality battery-grade materials through advanced chemical processes. By enhancing the local supply chain, this plant will reduce dependency on imported materials and increase Australia’s competitiveness in the global battery market. The funding will be used for building the plant, acquiring necessary technology, and training the workforce to operate the facility efficiently.

This project will fund research into using graphene to enhance battery materials, aiming to improve the performance and longevity of batteries. The research will explore innovative ways to incorporate graphene into battery components, potentially leading to breakthroughs in energy density and charging efficiency. The funding will support laboratory experiments, pilot production, and collaboration with industry partners to commercialize the findings. This initiative seeks to position Australia at the forefront of battery material innovation, leveraging advanced materials to create superior battery technologies.

Advanced Battery Technology
Projects may involve developing next-generation battery technologies, creating innovation hubs for solid-state batteries, and advancing battery management systems (BMS) for optimal performance and safety.

This project focuses on developing next-generation battery technologies that offer improved safety, efficiency, and performance. The initiative will fund research and development efforts to create batteries with higher energy densities, faster charging times, and longer lifespans. By leveraging cutting-edge technology and local expertise, this project aims to produce batteries that can be integrated into various applications, from grid storage to electric vehicles. The funding will support the entire R&D process, including prototyping, testing, and commercialisation.

This project will establish a hub dedicated to the development of solid-state batteries, which are known for their enhanced safety and energy density. The hub will bring together researchers, engineers, and industry experts to collaborate on advancing solid-state battery technology. The funding will be used to set up state-of-the-art laboratories, procure specialized equipment, and support collaborative projects. The goal is to position Australia as a leader in solid-state battery innovation, creating safer and more efficient energy storage solutions.

  •  

This initiative aims to develop advanced battery management systems (BMS) that can optimize the performance, safety, and lifespan of battery packs. The project will focus on creating intelligent BMS solutions that can be integrated into various battery applications, including electric vehicles and grid storage. The funding will support R&D efforts, prototyping, and real-world testing to ensure the reliability and effectiveness of the systems. By improving BMS technology, this project seeks to enhance the overall efficiency and safety of battery operations.

Transport Manufacturing
Projects in this area may include setting up production lines for electric vehicle batteries, developing battery systems for heavy vehicles, and advancing battery technology suitable for electric aircraft.

This project will set up a dedicated production line for manufacturing high-performance battery packs for electric vehicles (EVs). The initiative aims to support the growing demand for EVs by producing batteries that offer superior performance and safety. The funding will be used to establish the production facility, purchase advanced manufacturing equipment, and hire skilled workers. By developing a local EV battery production capability, this project will contribute to reducing carbon emissions and promoting sustainable transport solutions.

This project focuses on developing battery systems specifically designed for heavy vehicles, including trucks and buses. The initiative will fund research and development efforts to create robust and efficient battery packs that can withstand the demands of heavy-duty applications. The funding will support the design, testing, and production of these battery systems, ensuring they meet the performance and safety standards required for commercial use. By enhancing battery technology for heavy vehicles, this project aims to accelerate the adoption of electric transport in the logistics and public transport sectors.

  •  

This initiative aims to develop battery technology suitable for electric aircraft, addressing the unique challenges of aviation. The project will focus on creating lightweight, high-energy-density batteries that can provide reliable power for electric flights. The funding will support R&D activities, including material research, prototyping, and testing in real-world conditions. By advancing battery technology for electric aircraft, this project seeks to contribute to the future of sustainable aviation and reduce the environmental impact of air travel.

News

Prime Minister Anthony Albanese introduced Australia’s National Battery Strategy today at Queensland University of Technology (QUT), where the government outlined its plan to capitalise on the projected quadrupling global demand for batteries by 2030. The strategy focuses on enhancing Australia’s role in the global battery supply chain through initiatives like developing stationary storage systems, processing battery materials, and advancing battery technology for the transport sector.

The launch, held at QUT’s Advanced Battery Facility, underscores Australia’s potential to bolster its clean energy manufacturing sector, aiming for significant contributions to the country’s emission reduction goals. Associate Professor Joshua Watts highlighted Australia’s rich resources and expertise, positioning it to lead in the sustainable battery manufacturing field.

Federal Minister for Industry and Science, Ed Husic, emphasised the shift from exporting raw materials to producing high-value battery components, a move expected to generate substantial job opportunities within Australia and strengthen its standing as a renewable energy leader.

 

Prime Minister Anthony Albanese has announced a bold plan to elevate local manufacturing and stimulate economic growth. Speaking at the Queensland Media Club, he introduced the “Future Made in Australia Act” aimed at driving investment and job creation in key industries. This initiative includes the establishment of a National Interest Framework to guide government decisions on significant public investments.

Key points from the 2024/25 federal budget include a $22.7 billion investment in renewable hydrogen, critical minerals, green metals, and clean energy manufacturing over the next decade. Notably, the Battery Breakthrough Initiative will receive substantial funding to enhance Australia’s capabilities in battery manufacturing and innovation. This strategy is designed to address global uncertainties and enhance Australia’s economic resilience and competitiveness.

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