Utilities warn Australia’s ‘do nothing’ approach to electric vehicles could cost economy more than $350m over 20 years.
Tag: "electric vehicles"
London Mayor Boris Johnson unveils plans to boost the uptake of EVs and other ultra-low emissions vehicles in the city, including big incentives for taxi drivers.
Ergon Energy seeks 200MW of large-scale solar to meet its RET obligation and boost its regional grid. The Queensland utility is also accelerating its push into battery storage, electric vehicles and a charging network.
The Clean Energy Finance Corporation says it will provide $50 million to FirstMac, a non-bank lender with a $6.5 billion portfolio that issues finance primarily via on-line portals.
New Zealand’s biggest power generator imagines a scenario where every home had solar PV, and every car was electric. And it sees no problems.
Both electric cars and renewable energy stand to gain significantly from cheaper storage.
$100 billion invested in wind, or solar PV, will result is significantly more energy yield as the same amount invested in oil, according to a new analysis. This is particularly true when wind and solar is used to charge electric vehicles. By 2035, wind could produce 6-times more energy per dollar invested than oil.
Tesla could have found a battery cheap enough to make electric vehicles cost-competitive with conventional cars.
Facing flat or declining electricity sales, electric vehicles are a path to growth for power companies.