Australian Built: we have the climate tech startups, now it’s time to let them grow

Résumé détaillé

Australia has a large and growing climate tech industry. It matters for our economic and jobs future, and the task is to build on it.

The inaugural Australian Built brought more than 150 founders, investors and policymakers to Canberra. The message was clear: the industry is real, and scaling it is the hard part, Climate Salad’s Mick Liubinskas explains.

In the morning, Australian-built technology went in front of MPs, senators and ministers at Parliament House. In the afternoon, founders, investors and industry leaders moved to the Canberra Innovation Network to work out what would help these companies grow here.

Ministers Tim Ayres and Chris Bowen spoke, alongside MPs Jerome Laxale, Ed Husic, Allegra Spender, Zali Steggall and Senator Stephanie Hodgins-May. More than 20 MPs and senators came to the showcase, and seven companies demonstrated their technology.

The day’s clearest point: Australia already has a large and growing climate technology industry. It now matters for the country’s economic and jobs future, and the task is to build on it.

Australian companies are already making climate and energy technology across the country. There are 15 operational facilities, more than 5,000 manufacturing jobs and around $8 billion invested in electrolysers, battery materials, thermal storage and circular systems. By 2035, the sector could support 20,000 manufacturing jobs and $100 billion in economic value.

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The risk sits in the scale-up phase. Companies that cannot make that leap either close or move overseas. Relectrify manufactures its new AC1 battery system in Taiwan. Earthodic has scaled commercial production in the United States. v2food closed its Wodonga manufacturing facility. Each example shows what Australia stands to lose.

Minister Bowen used the day to launch the ARENA Launchpad program, a $30 million funding pool for Australia’s next clean energy startups. Ed Husic MP argued that the sector has built real momentum and now has a once-in-a-generation chance to create a new industry.

In the afternoon, seven discussion tables turned…

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