Plan to release electric vehicle popularization policy in autumn? Australia may usher in the power-driven age

author: SUNPRO POWER Marketing

2022-08-23

It has become a habit to check the weather forecast these days. People around me are estimating when the temperature will drop. Fortunately, the temperature began to drop on August 23. This day is the "处暑"（stopping the heat） of China's 24 solar terms. If there is no cooling in this solar term in previous years, it will be declared that this year will be a dry year. However, although the temperature has dropped, the process still takes time. I also remind you to continue to pay attention to heatstroke prevention and cooling.

Looking back, this year is a record breaking high temperature year. When Tonga volcano erupted in January, a heat wave of 50 ℃ swept Australia. The main reason is that the thermal dome formed by long-term large-scale combustion of fossil fuels, combined with volcanic ash, has increased the greenhouse effect. This led the Australian government to pay attention to energy transformation.

Australian temperature map in January

On the other hand, the recent poor response to high temperatures in Europe and the instability of the international energy market are forcing Australia, which has already felt the power of the greenhouse effect, to introduce measures as soon as possible.

"Hunger stone" exposed in the Elbe river channel in the Czech Republic. This indicates that the river water level has dried up to the warning level

Therefore, this autumn, Australia plans to launch the electric vehicle popularization policy, and the electric age is coming.

The government plans to formulate automobile emission rules

According to the report of the "CLS.CN" on August 19, the Australian government said on Friday that it would seek to introduce vehicle fuel efficiency standards to promote the popularity of electric vehicles and reduce carbon emissions. The government will issue a discussion paper in September, focusing on improving the popularity of electric vehicles, improving affordability and finding options for fuel efficiency standards.

The Australian government hopes to catch up with other developed economies in electric vehicles. In terms of vehicle electrification, Australia lags behind. Apart from Russia, Australia is the only OECD country that has not or is not formulating fuel efficiency standards.

Backward level of vehicle electrification

As a result, automakers have little incentive to offer electric vehicles in Australia because they give priority to countries that must meet stringent emission standards. Relevant data show that in 2021, the penetration rate of global new energy vehicles has exceeded 10%. At present, electric vehicles account for only 2% of new vehicle sales in Australia, far below the global average. This situation is extremely incompatible with the emission reduction target proposed by the Australian government.

In 2021, 5149 electric vehicles will be sold in the Australian market

(Source: Daily Mail)

The new government aims to reduce carbon emissions by 43% from 2005 levels by 2030. Promote the popularization of electric vehicles in Australia, build a national network of electric vehicle charging stations, and reduce the price of electric vehicles by reducing import tariffs. Finally, the traffic emission reduction target will be achieved. If the policy is passed smoothly, Australia will enter the era of electric drive, and the power demand will increase in an all-round way. This has also caused changes at the social level.

Bank loan suspension and popularization of charging piles

As soon as the support news came out, the Bank Australia announced on Friday that it would cancel its loans to new fossil fuel vehicles, including hybrid electric vehicles, from 2025. With the implementation of the policy, more banks may stop lending fuel vehicles in the future, which may bring a great change to the Australian auto market in the future.

Source: Fox Business News

Of course, the implementation of the policy requires the improvement of infrastructure, which is the popularization of charging piles for electric vehicles. The reason why the sales volume of electric vehicles in Australia has been low is that people are worried that the driving range of electric vehicles is limited, which affects the purchase decision of remote areas and makes it difficult to cultivate the market.

Remote areas in Australia are mainly concentrated in Western Australia, and the power grid of Western Australia and the national power grid are independent of each other. It is also difficult to obtain central support for the construction of facilities, so there are relatively few charging facilities. However, as tourism is one of the major industries in Western Australia, a large number of tourists will bring traffic demand, which also proves that the Market space is very huge.

Edible oil charging pile in Nullarbor Plain of Western Australia reported by the media

Government planning and high cost

As the power grid in Western Australia operates independently, the electricity cost is relatively high. In order to mitigate the impact of the energy crisis, the government of Western Australia will promote the deployment of at least 1000 renewable energy off grid power systems in the next four years, so as to bring a flexible power supply system to communities and customers. That is, independent power system (SAPS), which combines equipment including battery energy storage and solar photovoltaic. The state government announced that it will start to promote this technology, install 180 sets of equipment and provide a $37 million (US $25.63 million) fund for distributed energy.

Once the project is completed, the power grid will be expanded, which is very good news for the charging pile project. Residents can use the local power generation resources instead of pulling long wires, which greatly reduces the number of power outages, and in some cases even reduces 90%. However, in terms of price, Australia's electricity tariffs have always been high. Recently, with the impact of energy price, it has even soared to the highest price in history. It is still unknown how much the cost of this system can be reduced.

Statistics of electricity charges in Q2 of Australia

Therefore, it is recommended to use independent power generation as much as possible to save a considerable amount of energy costs. In combination with government policies and market maturity, we recommend using this "SPDGxxx-120M12", which can generate electricity independently and be installed flexibly.

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In addition, Sunpro Power was recognized as a global tier 1 photovoltaic product supplier by Bloomberg in 2022. Its products can participate in government project bidding according to national policies. This is very important for the bidding of public transport facilities to obtain more project opportunities.

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As a traditional energy country, Australia has always taken coal power generation as the main energy type. The pace of emission reduction has been lagging behind. With the popularity of electric vehicles, relevant business opportunities will gradually come in the future while serving environmental protection objectives. This may be a new economic growth node and the beginning of large-scale infrastructure. Please keep your eyes open and aim at the target.