EV

Professor John Quiggin from the School of Economics at the University of Queensland on where the federal budget falls down.

Revving up the appetite for EVs, sonnen and Carbar join forces to make electric car “ownership” easy. A new subscription model, with all running costs included, and the ability to trade up at two weeks’ notice, may supersede buying altogether.

Australia’s national science agency has identified a potential $3.1 billion industry that is there for the taking with the increasing penetration of renewables in grids nationwide sparking substantial growth in the battery energy storage sector.

Victoria is now offering subsidies on electric and hydrogen fuel cell cars and will power its government operations with 100% renewable energy by 2025 as part of its long awaited Climate Change Strategy. The plan essentially offers a roadmap for the state’s 2050 net zero emissions target, including a number of nearer term goals.

The ‘Graphene Revolution’ is drawing near in energy storage, the sector where it is arguably needed most. Univeristy of Queensland scientists who devised aluminium-ion batteries with graphene electrodes have teamed up with Brisbane-based Graphene Manufacturing Group to push the technology into the commercial prototype phase, a potentially early marker for a technology that could transform energy storage.

A 90% clean grid with a transition to EVs would achieve lower electricity costs than one without, the study shows. Transmission investments would mainly be spur lines to new renewable generation.

South Australian company Renascor Resources this morning confirmed it had raised $15 million from institutional investors in Australia and abroad, enough to fund its Siviour Battery Anode Material Project up to the construction phase. The project is on track to become the world’s first integrated mine and purified spherical graphite operation outside of China.

Australia’s most renewable state has signed a joint funding deal with the Commonwealth Government that hypes gas production, and downplays its considerable renewable-energy benefits.

Pandemic uncertainties have concentrated key solar players and “heightened competition for ‘survival of the fittest'”, says JinkoSolar Chairman and CEO Xiande Li. The company’s latest figures show it is well placed in Australia and in the global arena.

Less than three months out from Victoria becoming the first state in Australia to introduce a road tax on electric vehicles, a community panel has called for an end to the sale of new internal combustion engine cars by 2030 in a bid to speed up the state’s switch to low and zero emissions vehicles.