Sep 25, 2014

Outlook for Australian Solar Market is Positive, says Citigroup

Solar
Australia
Energy Policy
Admin
2 min
In a surprisingly optimistic forecast, Citigroup predicted that the Australian solar market would reach 14 GW by 2020. This would require a growth of...

In a surprisingly optimistic forecast, Citigroup predicted that the Australian solar market would reach 14 GW by 2020. This would require a growth of 2.2 GW per year—with current capacity at 3.5 GW—to reach the predicted goal. This prediction includes both rooftop and utility-scale solar.

The biggest question mark for the prediction remains Australia’s Renewable Energy Target and how its potential scaling back could dramatically affect the solar market, though that ultimately remains to be seen.

“There is no commentary directly linked to the Australian forecasts—which are part of a global solar demand forecast—so it is unclear whether this takes into account any changes to the renewable energy targets,” CleanTechnica’s Giles Parkinson notes. “If the large scale RET stays in place, a large amount of utility-scale solar could be built in Australia—as Bloomberg New Energy Finance has predicted. Certainly, many companies such as US-based Recurrent Energy, Spain’s FRV and others have large pipelines of projects.”

The Australian market is certainly an attractive one due to its high-value natural resources. However, the scaling back of the RET could pull the rug out from under the rooftop solar industry, as subsidies and any form of aid would effectively vanish.

Still, some parts of Australia are fighting for renewable energy.

South Australia has committed to a lofty goal of using 50% renewable energy by 2025. This, and other smaller state initiatives, could help drive an industry that the federal government looks to scale back—and ultimately help make Citigroup’s prediction come true. 

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Jul 28, 2021

UK Nissan fleet owners receive commercial charging service

EDF
Nissan
Automotive
electricvehicles
Dominic Ellis
3 min
V2G technology developed by DREEV can recharge an EV battery when electricity is at its cheapest, and discharge excess energy to sell back into the grid

UK fleet owners of Nissan Leaf and e-NV200 models can avail of a new commercial charging service using vehicle-to-grid (V2G) technology.

The service, designed to support the grid through low carbon energy consumption, is being provided by EDF, through Group subsidiary DREEV, in partnership with Nissan.

The V2G technology developed by DREEV, which is a joint venture between EDF and Nuvve, which specialises in V2G technology, allows for two-way energy flow; both recharging an EV’s battery when electricity is at its cheapest, and discharging excess energy to sell back into the grid. 

Fleet customers will save around £350 savings per charger each year, which equates to approximately 9,000 miles of driving charge per year.

EDF’s V2G business solution includes:

  • The supply and installation of a two-way connected compact 11kW charger capable of fully charging a Nissan LEAF, depending on the battery model, in 3 hours and 30 minutes - 50 per cent faster than a standard charger - with integrated DREEV technology.

  • A dedicated DREEV smart phone app, to define the vehicles’ driving energy requirements, track their state of charge in real time, and control charging at any time

Philip Valarino, Interim Head of EV Projects at EDF, said today’s announcement marks an important step on the UK’s journey towards electric mobility. "By combining the expertise and capabilities of EDF, Nissan and Dreev we have produced a solution that could transform the EV market as we look to help the UK in its journey to achieve Net Zero," he said. “Our hope is that forward-thinking businesses across the country will be persuaded to convert their traditional fleets to electric, providing them with both an environmental and economic advantage in an increasingly crowded market.”

Andrew Humberstone, Managing Director, NMGB, said Nissan has been a pioneer in 100% electric mobility since 2010, and the integration of electric vehicles into the company is at the heart of Nissan's vision for intelligent mobility.

He added the Nissan LEAF, with more than half a million units already sold worldwide - is the only model today to allow V2G two-way charging and offers economic opportunities for businesses "that no other electric vehicle does today". Click here for more information. 

US updates

FirstEnergy Corp, which aims to electrify 30% of its approximately 3,400 light duty and aerial fleet vehicles by 2030, has joined the Electric Highway Coalition. The group of electric companies, which has grown to 14 members, is committed to enabling long-distance EV travel through a network of EV fast-charging stations connecting major highway systems.  

The Edison Electric Institute estimates 18 million EVs will be on US roads by 2030. While many drivers recognize the benefits of driving an EV, some are concerned with the availability of charging stations during long road trips. Through their unified efforts, the members of the EHC are addressing this "range anxiety" and demonstrating to customers that EVs are a smart choice for traveling long distances as well as driving around town.

Volta Industries has installed new charging stations at Safeway in Upper Marlboro, Maryland, and Renton, Washington.

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