Australia group says EV charging can help jump-start renewables

The Tesla Roadster is among the models hoped to jump-start the global EV market

Related

By Oliver Wagg Brisbane

 Monday, June 13 2011

Updated: Sunday, November 25 2012

A nationwide electric vehicle (EV) charging network roll-out can act as a significant driver of renewable energy demand, says Better Place Australia after unveiling a landmark supply deal with the Australian Capital Territory’s utility ActewAGL.

The agreement, worth about A$60m over 10 years, is the largest renewable energy deal of its kind in Australia.

Better Place Australia, the local offshoot of a three-year-old Silicon Valley startup, says electricity will be sourced from wind, hydro and solar sources.

Chief financial officer Antony Cohen tells Recharge the company expects to drive renewable energy demand in Australia “progressively over time”.

“There are about 14.7 million passenger and light commercial vehicles on Australia’s roads. Every two-and-a-half thousand of those, we think, would add a turbine. Ultimately this is a big deal…

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login

Recharge App


Dowload the Recharge Mobile App
Get the free Recharge subscriber app on your device running iOS or Android.
Read Recharge anytime and anywhere. 		Recharge IOS App