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ARENA announces $16.5M for electric vehicle fast charging infrastructure

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ARENA announces $16.5M for electric vehicle fast charging infrastructure

The Australian Renewable Energy Agency (ARENA) has announced this day that contemporary funding shall be available to make stronger electric vehicle charging initiatives.

The first tranche of funding from the $71.9 million Future Fuels Fund is price $16.5 million and is seemingly to be targeted on public fast charging initiatives that expand the community and lower sad spots. ARENA defines fast charging stations as being publicly accessible and in a position to fee at a rate of 50kW or above.

Early Newspaper

The funding shall be targeted to capital cities, apart from dapper regional centres together with Newcastle, Wollongong, the NSW Central Wing, Geelong, Gold Wing and Sunshine Wing.

ARENA is running an information session for most likely applicants on Feb 23rd.

Candidates are being inspired to maximise the protection of their charging stations throughout the geographic areas. In building out charging infrastructure it’d be gripping to develop fewer areas, alternatively this priotisation on distribution skill we’re seemingly to see 2 chargers at put, in preference to a bank of 6.

Whereas it’s not sure how many chargers or charging areas could very neatly be supported with $16.5 Million, fast chargers plus the mandatory charging infrastructure, grid connections, approvals and many others doesn’t come cheap, at tens of hundreds of bucks every.

As soon as the chargers are in, commercial operators can stutter what or if to fee. On common, EV owners in overall pay someplace between 30-40c per kWh, with a standard 20-80% fee adding a full bunch of km of fluctuate, for around $20.

Extra funding rounds shall be launched in future to make stronger industrial fleets to transition to BEVs and explore opportunities with hydrogen and biofuels.

Personally I’m not definite why we proceed to pursue this device, electric vehicles, supplied by inexperienced energy sources is a a success combination. Substantial vehicles care for buses and trucks are additionally turning electric, leaving little room for a competing gasoline offer care for hydrogen.

It is miles sizable to see the Govt at final acknowledge the provision of charging infrastructure discontinuance to work, home and holiday locations is a key barrier to EV uptake for the public and fleets.

Capabilities for EV fast charging grants are commence now and could discontinuance on Tuesday 6 April 2021.

The funding modified into once disbursed as piece of the 20/21 Federal Funds, with Minister for Energy and Emission Discount Angus Taylor announcing the Future Fuels Kit in September as piece of the Australian Govt’s First Low Emissions Technology Assertion.

In early February, Minster Taylor released the Future Fuel Strategy: Discussion Paper outlining the Govt’s imaginative and prescient to “empower particular person alternative, stimulate industry progress and lower emissions in the dual carriageway transport sector”.

“By this preliminary round, we are addressing one of many boundaries to roll out of contemporary vehicle technologies by greatly rising the series of fast charging stations available to customers throughout Australia, and lowering charging blackspots in both metropolitan and greater regional centres.

This funding by the Australian Govt will stimulate the fast charging market and power non-public sector investment, and could develop on our if truth be told wide physique of labor on this sector,”

ARENA CEO Darren Miller

ARENA has already supplied $29.7 million in make stronger for BEV charging initiatives, together with the Chargefox and Evie ultra fast intercity charging networks.

ARENA funding is additionally supporting managed and dapper charging trials flee by ActewAGLAGLJemena, and Origin, apart from JOLT Rate’s roll out of free public charging stations in Adelaide.

EV Adoption in Australia

Most in fashion industry research chanced on that Australian EV gross sales grew by 200% in 2020, but easy accounted for factual 0.6% of all contemporary automobile gross sales.

The research additionally chanced on that 56% of these surveyed would keep in mind shopping for an EV for their subsequent automobile and 82 per cent identified publicly accessible fast charging as vital.

For more information head to ARENA.

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ARENA announces $16.5M for electric vehicle fast charging infrastructure