If you talk to any politician or even some sustainability experts, the one thing most of them will point to as we transition our electric vehicles on the road to net zero is a need to update the grid.
Solar and wind have won the global energy race. They accounted for 80% of new global power capacity installed in 2023. In Australia, 99% of new capacity is wind or solar.
Battery electric vehicle sales in Australia have flattened in recent months. The latest data reveal a sharp 27.2% year-on-year decline (overall new vehicle sales were down 9.7%) in September. Tesla Model Y and Model 3 cars had an even steeper drop of nearly 50%.
Critics of renewable energy projects are quick to argue that building solar and wind farms on productive farming and grazing land has a deleterious effect on Australia’s agricultural production.
There are thousands of extraordinarily good pumped hydro energy storage sites around the world with extraordinarily low capital cost. When coupled with batteries, the resulting hybrid system has large energy storage, low cost for both energy and power, and rapid response. Storage is a solved problem.
As the world races to decarbonise, China is leading the way. It committed more than $145 billion (USD 100 billion) in outbound foreign direct investment since 2023 across decarbonisation sectors including solar, wind, batteries, grid, new energy vehicles, hydro and green hydrogen.
Opposition leader Peter Dutton has revealed the Coalition’s nuclear energy plan relies on many of Australia’s coal-fired power stations running for at least another 12 years – far beyond the time frame officials expect the ageing facilities to last.
What happens to a solar PV module after its expected 25-year operational life? With about 2 TW of rooftop and utility-scale PV already deployed worldwide, and a large number of them being retired before operating for 15 years, the amount of PV modules being discarded is growing every year.
New Zealand’s current electricity supply crisis requires immediate solutions. But we argue the government’s emphasis on importing natural gas and construction of centralised solar farms is a missed opportunity.
Producing hydrogen remains vital to Australia’s prosperity through the net-zero transition, according to a major strategy that lays a national pathway to becoming a global leader in the low-emissions technology.
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