NEW ideas that will challenge and change the way energy is stored are being sought as part of the NSW Government's Advanced Energy Challenge.
It's an exciting initiative to stimulate new energy-related ideas and turn them into effective technologies and business models, says Minister for Industry, Resources and Energy, Anthony Roberts.
"The NSW Government is developing an Advanced Energy Strategy to support a smooth transition to an affordable, reliable, secure and sustainable energy future," he said.
"Through the Advanced Energy Challenge we're looking for bold, smart ideas that can help us drive a successful transition.
"Proposals must progress the Government's drive for an advanced energy state.
"We're now calling for proposals in the first round of the challenge - energy storage. Storage technology can help intermittent wind and solar generators provide 24/7 energy delivery."
The best proposals in the challenge will receive government support, which could include access to government, industry and research collaborators, leveraging of government assets, access to government data, and concierge referral to existing funding opportunities.
"Success in the Advanced Energy Challenge will result in one or more binding agreements between the proponents and the NSW Government to co-design and implement the proposal," Mr Roberts said.
Expressions of interest for the first round of the challenge, energy storage, close on February 3, 2017.
For more information or to submit an expression of interest, go to: www.resourcesandenergy.nsw.gov.au/advanced -energy-challenge.
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