PROBLEM TO BE SOLVED: To provide a manufacturing method of an electrode for alkaline storage battery suitable for high output, and an alkaline storage battery having a high output. SOLUTION: The manufacturing method of a positive electrode 3 for alkaline storage battery comprises: a slurry forming process for forming an active material slurry containing an active material powder having nickel hydroxide as a main component, polytetra-fluoroethylene, and water; and a slurry application process which applies the active material slurry on at least one side of a conductive substrate of two-dimensional shape and forms a conductive substrate with the active material slurry layer. The slurry forming process comprises: a first step in which polytetra-fluoroethylene of 1-3 pts. by mass and water of 6-25 pts. by mass are added to the active material powder 100 pts. by mass and kneaded and a kneaded object is obtained; and a second step in which water is further added to the kneaded object and kneaded, and the active material slurry is obtained. COPYRIGHT: (C)2006,JPO&NCIPI