Markets & Policy

Last year the New South Wales Government announced plans to retire several of the iconic Manly ferries and replace them with smaller vessels. However, the recent launch of the world’s largest electric ferry in Norway has one Aussie billionaire asking whether the new Manly ferries should be electric?

Victorian electricity distributors Powercor and Citipower are setting out to alleviate grid congestion in area of high solar penetration, particularly in Western Victoria. The works are designed to increase the ability of rooftop solar owners to export solar to the grid amid the continuing uptake of residential solar.

Mars Australia has signed a massive power purchase agreement with Victoria’s largest solar farm, Total Eren’s Kiamal Solar Farm, to offset 100% of its electricity with solar power. The confectioner has six factories and two offices in Australia which used over 850 GWh of energy in 2020, energy supplied by solar from now on.

Australia’s laggardly uptake of electric vehicles is set for a boost after Origin Energy announced a partnership with Custom Fleet to provide a holistic solution to EV fleet transition. Fleet cars make up almost half of all new car sales in Australia and upgrading Australia’s commercial vehicles to electric is seen as key to reducing transport emissions.

The facility is expected to be located in the state of Ceará and to be powered by around 3.6 GW of wind and solar facilities located in the region. The project developer is Australia-based Enegix Energy.

With reins tightly held by China, a handful of players are trying to prise the production of a core ingredient of lithium-ion batteries out of Goliath’s hand before the battery boom begins in earnest with the electrification of the transport sector. The head of one of those companies, WA start-up International Graphite, spoke to pv magazine Australia about the hunger of both investors and customers, and the surprisingly collaborative race to feed global demand.

As present affairs of state attest, sweeping things under the rug is the preferred strategy of the Morrison Government, and hence its $50 million investment in carbon capture and storage (CCS). According to a recently published report from IDTechEx, CCS faces a difficult few years and a long way to go. Unfortunately, even if he does reach its forecasted scale by 2040, its capacity to remove emissions from the atmosphere in any hurry is negligible.

Australia’s infrastructure advisory body has added a number of renewable energy-related projects to its priority list, recognising the need for investment in the “once-in-a-lifetime transition from thermal generation to intermittent renewables.”

Iron ore giant Fortescue Metals Group’s ambitious Fortescue Future Industries wants to build a renewable energy portfolio of more than 235 GW. The ambition, combined with the apparently bullish effort of Fortescue executives in recent months, has garnered headlines, and now Fortescue has announced former Prime Minister Malcolm Turnbull and former National Intelligence chief Nick Warner as part of its team.

Scientists in the Netherlands have identified five different profiles of homeowners that have installed or could install rooftop PV systems. According to their findings, substantial differences characterise the five segmentation groups. The research is intended to help policymakers and solar companies to better promote PV technology among potential new adopters.