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IEEFA Research

IEEFA report: Bundling rooftop solar, storage and an electric vehicle becoming cheaper in Australia

IEEFA report: Bundling rooftop solar, storage and an electric vehicle becoming cheaper in Australia

By 2024, cheaper for Australian households to invest in solar, storage and an EV in combination, than in solar alone

A new IEEFA report suggests Australia is on the cusp of another solar revolution. Australia has one of the world’s – if not the world’s highest – uptake of rooftop solar. The country also has one of the world’s lowest developed country uptakes of electric vehicles, which can be charged from rooftop solar. In 2018, […]

and December 17, 2019 Read More →
IEEFA report: Solar potential in Australia warrants investing in electric vehicle market

IEEFA report: Solar potential in Australia warrants investing in electric vehicle market

Abundant resources and lower costs bode well for wider electric vehicle use

December 12, 2019 (IEEFA) – Australia has great potential to capitalize on its exceptional solar resources and save people big dollars by driving growth in electric vehicles powered by residential rooftop solar and batteries, according to a report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Steering by the […]

and December 12, 2019 Read More →

New IEEFA Report: ‘Sub-Critical Australia’ East Coast Grid Needs an Electricity Market Plan

SYDNEY 17 May 2016 (IEEFA.org) – Australia’s east coast electricity market currently faces a disorderly transition resulting in the potential for black-outs and poor social and environmental outcomes, according to ‘Sub-Critical Australia,’ a new report released today by the Institute for Energy Economics and Financial Analysis (IEEFA). According to the report, Australia’s National Energy Market […]

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IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

IEEFA: Skyrocketing EV sales in China spell a no-turning-back step change in global energy landscape

The avalanche of technology, policy and finance moves is now unstoppable

The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market. EV sales in China grew 154% year-on-year to 3.3 million in 2021. China now wants new energy vehicles (NEVs), including plug-in hybrids and hydrogen […]

January 19, 2022 Read More →

New Zealand to build 150-megawatt solar farm, country’s largest

Otago Daily Times: A solar farm big enough to power 20 percent of residential Christchurch will be built at the city’s airport. Energy Minister Megan Woods, Climate Change Minister James Shaw and Christchurch Mayor Lianne Dalziel made the announcement yesterday. Four hundred hectares of land, called Kōwhai Park, at Christchurch Airport will be used to […]

December 2, 2021 Read More →

Gas-powered car ban draws some big automakers but holdouts remain

The Guardian: Twenty-four countries and a group of leading car manufacturers have committed to ending the era of fossil-fuel powered vehicles by 2040 “or earlier”, in a major new commitment set at Cop26. The agreement to sell only zero-emissions vehicles from this time, unveiled at the UN climate summit in Glasgow on Thursday, includes Canada, […]

November 10, 2021 Read More →

New Zealand renewable energy generator mulls Australia exit

Renew Economy: New Zealand gen-tailer Meridian Energy has confirmed it is still seriously considering an exit from the Australian market, where it says heavy-handed political and regulatory interventions and the lack of a price on carbon emissions have nobbled renewable energy investment. In its annual results announcement on Wednesday, the Wellington-based company reported a nearly […]

August 26, 2021 Read More →

Denmark, Costa Rica seek countries willing to speed end of oil and gas

Reuters: Denmark and Costa Rica are trying to forge an alliance of countries willing to fix a date to phase out oil and gas production and to stop giving permits for new exploration, government ministers said and documents showed. Burning fossil fuels is the main source of the greenhouse gas emissions heating the planet, but […]

August 25, 2021 Read More →

NZ expands order for financial institutions to expand climate disclosure

IHS Markit ($): The New Zealand Parliament is expanding on a government order made in September 2020 requiring large insurers and financial institutions to identify their risks from climate change. The government claims that the Financial Sector (Climate-related Disclosure and Other Matters) Amendment Bill would be the first such national law in the world. If […]

May 27, 2021 Read More →

Fitch sees significant growth potential for green hydrogen in Asia-Pacific region

Asian Power: Amid increasing viability of the technology, government support and investor interests in several markets, substantial growth opportunities abound for the green hydrogen sector in Asia Pacific over coming years, according to Fitch Solutions. The report observed increasing traction in electrolyser technologies as a carbon-free alternative, which involves the use of electricity to produce […]

August 31, 2020 Read More →

New Zealand firms join forces in country’s largest corporate renewable energy supply deal

Renew Economy: A group of New Zealand’s largest commercial and industrial energy users, including dairy giant Fonterra, has joined forces to procure what could be thousands of gigawatt-hours a year of renewable electricity via one of the nation’s first and biggest corporate power purchase agreements. The Renewable Electricity Generation Project, which is being coordinated by […]

July 23, 2020 Read More →

Australia’s Westpac Banking to stop thermal coal financing by 2030

Bloomberg: Financing a thermal coal project in Australia just got a little bit harder after Westpac Banking Corp. said it would exit the sector by 2030, leaving Australia and New Zealand Banking Group Ltd. as the last of the country’s big four yet to commit to dropping the most polluting fuel. Australia is the world’s […]

May 4, 2020 Read More →

New Zealand to divest fossil fuel stocks from government-backed savings funds

SBS News: The New Zealand government is ringfencing billions of dollars from fossil fuel investments, effectively divesting much of the country’s superannuation scheme. On Sunday, Commerce Minister Kris Faafoi announced the country’s ‘KiwiSaver’ accounts would be going green. From next year, default funds will no longer be able to include ‘fossil fuel production’ companies in […]

March 2, 2020 Read More →