Policy

Australia’s shift to zero-emissions vehicles is accelerating with a new report revealing that electric vehicles sales more doubled in the first half of 2023 with battery-powered vehicles accounting for more than 8% of all new car sales.

With its critical-mineral riches, Australia is seeking to process and manufacture materials to capture more of the energy transition value chain. While logical, the path is already proving onerous and is hampered by the nation’s apparent allergy to boldness.

The Victorian government has announced a new $10 million (USD 6.7 million) grants program to provide bulk rebates for the installation of solar panels, solar hot water systems and heat pumps as part of plans for all new homes in the state to be 100% electric from 2024.

Transgrid, Australia’s major grid operator, plans to soon launch a competitive process to procure grid support services from third-party battery operators as it looks beyond traditional network infrastructure to help maintain the reliability of electricity supply in two growth regions in New South Wales.

The Australian government has committed $50 million to support the development and diversification of clean energy supply chains in the Indo-Pacific as it seeks to increase manufacturing opportunities and enhance energy security in the region.

The volume and complexity of data generated by renewables sites is growing, as are the regulatory requirements regarding its collection and delivery. Thomas Andersen, VP of renewables for U.S.-based engineer Emerson, explains how modern asset management systems can deliver better functionality and management to project operators and owners.

Australia’s Fortescue Future Industries has made its first major move in the United States since the passage of the landmark Inflation Reduction Act, outlaying $34.42 million (USD 24 million) to purchase the ‘fast-to-market’ Phoenix Hydrogen Hub being developed in the American state of Arizona.

The New Zealand arm of United Kingdom-based renewables company Harmony Energy is seeking to accelerate the development of three solar farms that would add almost 300 MW combined generation capacity to the nation’s energy grid.

Western Australia’s electric vehicle fast-charging network continues to roll out in regional areas with the first of eight planned EV fast chargers for the Kimberley now operational in Broome.

The Australian Renewable Energy Agency says solar technology is mature enough and sufficiently cost effective to meet Australia’s 2030 renewables goals but a step change in efficiency and cost is required to support the decarbonisation of hard-to-abate sectors such as industry and transport.