Australia is exposed to a looming shortage of solar technology that will threaten the transition from coal and gas, Chris Bowen has warned. auspol
, a chemical added to diesel, disrupted the Australian trucking industry in 2021.
The energy security challenge is on the agenda for the Quad security dialogue, a peak forum for its four members – Australia, India, Japan and the United States – to deal with the rise of China. Bowen said he was “forward-leaning” on local manufacturing for components and said in battery production, for instance, Australia could do more of the processing of the critical minerals needed – such as lithium, cobalt, manganese, nickel and graphite – even if it did not create the full battery.
Asked about the security of gas supply, Bowen said this was “part of the equation” but Australia was a big producer of liquefied natural gas and was not forecast to be short of the fuel.
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