This report provides Energeia’s key insights from three recent electric vehicle consulting projects for clients in the US and Australia, and covers the following key topics:
- – Electric vehicle market uptake drivers and barriers
– Charging impacts on electricity network and generation infrastructure
– Infrastructure and business positioning strategy.
In summary, Energeia’s work to date suggests the key barriers to EV market acceleration are a lack of model availability (especially for top selling models), a lack of charging management infrastructure, and a lack of ultra-high power fast charging stations at gas stations.
The key insights in the note include:
- – There is a strong relationship, based on modelling of historical uptake of diesel engine technology, between vehicle availability and customer adoptions
– If Australia’s top 5 selling passenger vehicles were offered as Battery Electric Vehicles or Plug-in Hybrid Electric Vehicles, Australia would see a three-fold increase in EV sales per year at current incentive levels
– Modelling of transport data shows that workplace charging is likely to increase electricity distribution network investment costs unless there is solar PV generation on the same feeder and EV charging is managed
– Energeia sees the future of public charging infrastructure as based on today’s gas station refuelling model because of its superior utilization, convenience and economics.
Energeia analysis completed for the Electricity Networks Association and CSIRO identifies key reforms capable of delivering billions of dollars in incentives to customers for efficiently adopting microgrid technology.
Energeia have moved to:
Suite 2 Level 9,
171 Clarence Street
Sydney NSW 2000
Energeia prepared the inaugural AEMO Insights Report into electric vehicles as part of AEMO’s 2016 National Energy Forecast Report, which provides a view of how EV technology may develop in Australia, and what this could mean for electricity consumption and demand.
Much of today’s electricity distribution system was built in the 1950s and 1960s, and is rapidly approaching its end-of-life as equipment becomes more expensive to maintain, less reliable and safety risks increase. At the same time demand is flattening, especially in areas where there is large investments by customers in solar PV. As a result, asset replacement is becoming the largest investment driver by far with Australia’s distribution network service providers expect to invest $50 billion over the 2014-2020 period, and an additional $80 billion over the 2020-2030 period.
In recent years, networks have been increasingly looking to distributed energy resources (DER) to effectively defer peak demand. In this research paper, Energeia suggests that there is even greater potential for networks to harness DER-integrated or hybrid asset solutions for asset replacements as well as new assets. Energeia’s analysis identifies the potential for DER-integrated or hybrid asset solutions for a range of use cases including investment deferral, network replacement and new assets in both environments of increasing and declining demand as an alternative to current least cost network solutions and identifies potential savings to consumers of $1 billion to 2020 and in the order of $8 billion dollars over the next ten years, or 15-30% of the associated investment costs. To read the full analysis note click here.
A recent report by Energeia for the Energy Supply Association of Australia found that, without assistance, cumulative electric vehicle sales could reach 3.4 million vehicles – or 18 per cent of Australia’s vehicle fleet – by 2035.
Energeia’s report commissioned by the Clean Energy Council assesses the costs and benefits of developing a nationally consistent standard or guideline for connecting small to medium embedded generators.
See Renew Economy’s story on Energeia’s analysis in to the economic potential for off grid towns from our upcoming research report Cutting the Cord: The Australian Micro Grid Market to 2026.
A new survey from energy consultancy Energeia says the point of mass uptake of battery storage on economic grounds may be closer than most people think, although it would require a different tariff structure for electricity prices.
A study by energy consultant Energeia suggests that wind energy will become the default “base load” generation in South Australia, and dispatchable power sources – which previously dominated the grid, the markets and the business models – will have to fill in the gaps left by wind and solar.