Many people believe Australia’s shift to electric vehicles is stuck in the slow lane – another strollout, rather than a rollout. But while federal policies are still lacklustre, most Australians themselves are ready for the shift, according to our recent research.

Australia’s largest energy gen-tailer AGL says it has received approval for a 200 MW/800 MWh grid-scale battery to be developed at the site of its coal-fired Loy Yang power station in Victoria’s Latrobe Valley.

The developers of a $5 million community-driven solar farm in the New South Wales Shoalhaven region believe the 3.9 MWp facility can serve as a model for other communities looking to launch their own renewable projects.

Australian energy storage company VSUN Energy claims to have identified the ‘missing piece of the renewable energy jigsaw’ after successfully testing a standalone electric vehicle battery charger using solar PV supplied by a vanadium redox flow battery.

Ongoing growth in both renewable generation capacity, including rooftop solar, large-scale wind and solar, and dispatchable power in the form of big batteries is expected to drive down household power bills across the National Electricity Market in the coming years despite the impending closure of several of Australia’s ageing fossil-fuel fired power stations.

Australian governments and industry have embraced the potential of green hydrogen with a flurry of project announcements, including the Western Australian Government providing almost $120 million to establish two renewable hydrogen hubs, Edify Energy signing of Memorandum of Understanding to explore the feasibility of establishing a hydrogen export facility in Queensland, and the Federal Government collaborate with Germany on a new initiative designed to accelerate the development of Australia’s green hydrogen industry.

Spark Infrastructure looks set to be sold off with the Foreign Investment Review Board giving its tick of approval for a North American consortium led by private equity giant Kohlberg Kravis Roberts to acquire the Australian electricity network operator.

Hydrogen has been touted as the fuel of the future, and the technology features prominently in the Morrison government’s plan to reach net-zero emissions by 2050.

International oil giant Shell is set to acquire Australian energy retailer Powershop after partnering with Sydney-headquartered investment manager Infrastructure Capital Group in a $729 million deal which will see the consortium purchase all of Meridian Energy’s Australian assets.

The New South Wales Government is expecting the state’s green hydrogen industry to boom after the legislation underpinning its Hydrogen Strategy was approved by the parliament, unlocking up to $3 billion in government incentives to rapidly increase the scale and competitiveness of the industry.