Tag Archives: electric vehicles

NSW electric vehicle initiatives and newly released fleets incentive

NSW Government opens up EV incentives and boosts funding

NSW green-lights and increases total funding for electric vehicles

Following the NSW Government’s announcement in June this year that it would be delivering a package worth $490 million to support and incentivise the transition to electric vehicles, measures are now being rolled out, with the Electric Vehicles Bill giving the green light to the incentives outlined in the EV Strategy.

On the 10th of November, this package was actually increased, with a further $105 million made available to boost uptake of EVs by fleet operators in NSW. So the total amount of funding now committed by NSW is $595 million.

The total funding available positions NSW as the leading state in Australia supporting the EV transition, according to the RACQ, who nonetheless note that all states are performing well and are accelerating their policy action despite the slow pace of policy action at a Federal level.

Demand for EVs is increasing

NSW Government’s support simply reflects the reality that passenger fleets are moving to electric, with more than 20 countries committing to ambitious goals for new vehicles to be EV during the period 2030 to 2040. This includes Norway where over 70% of new car sales are electric, and the UK which has promised to bring forward its 2035 target for banning new petrol and diesel cars to 2030. All major car manufacturers are investing in developing EV models, consumer sentiment in Australia is increasingly positive towards EVs, and there is greater model availability year-on-year.

While EV sales are still small in Australia, nearly 9,000 BEVs and PHEVs were sold in the first half of 2021, nearly doubling the market share of EVs compared with 2020.

So the trend for EV purchases and demand is up, and NSW Government’s package of measures will help to accelerate this further.

What incentives are now being rolled out?

For the original major EV measures announced that are most relevant to businesses in NSW, here is the current status.

Charging infrastructure that is highlighted includes ultra-fast chargers on so-called EV Super-Highways, EV Commuter Corridors and EV off-street parking chargers. Commuters in Sydney will be no more than 5km from an ultra-fast charger, and there will be no more than 100 km between chargers on highways.

Commuter and tourist EV charging plans will also be rolled out under this funding.

What will the new $105 million funding support?

NSW government is investing a further $105 million to support fleets to procure EVs.

If you are a NSW business, not-for-profit, vehicle hire company or local council, you have an opportunity to access incentives to support the purchase of battery electric vehicles (BEVs) or hydrogen fuel cell electric vehicles (FCEVs).

This will help you bridge the cost of transitioning your fleet’s passenger, light commercial or sports utility vehicles to BEVs through a reverse auction tender process. Additional funds are also available for smart base charging.

Who is eligible?

There are two funding streams with different eligibility requirements. Bids will be assessed against other bids in the same stream.

  • Individual fleets – you must operate a fleet of at least 10 vehicles in NSW to support your organisation’s purposes. Eligible organisations include – but are not limited to – business, local council and non-government organisations.
  • Aggregators – you can offer incentive funding to NSW customers as part of the vehicle leasing arrangements you provide. This includes fleet management organisations and private businesses that offer fleet leasing arrangements to NSW customers.

To find out more, please visit their website.

How can you get involved?

There is an information session on 30 November 2021.

This event will give an overview of the application process, the bidding platform and key dates. Please read the guidelines and FAQs in advance to get the most out of this session. The funding round will open following this event. You can register for the bidding platform here.

How can we help you?

If you are considering planning for your fleet transition to electric, please send an email to patrick@100percentrenewables.com.au or call Patrick at 0408 413 597.

 

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NSW Net Zero Plan Stage 1: 2020 – 2030

Key highlights

100% Renewables welcomed the Department of Planning, Industry and Environment’s Net Zero Plan Stage 1: 2020–2030[1], released on 14 March this year, along with the release of two additional Renewable Energy Zones in regional NSW.

While the Plan’s release has been understandably overshadowed by the Covid-19 global pandemic, it is nonetheless a big milestone that sees the first of three clear, 10-year plans released that will set a pathway to net zero emissions by 2050.

It takes an aspirational 30+ year goal and brings it back to tangible actions, cross-sectoral measures, and a range of funded programs that will help governments, business and householders in NSW play their role in moving NSW to a low carbon economy.

From our reading of the Plan, there are a number of key highlights:

  • Action is grounded in science and economics, and a central focus of the Plan is about jobs that will be created and about the lowering of energy costs for consumers. Emissions reductions are a by-product of good investments in new technologies over the long term that boosts overall prosperity. Too much of the negative commentary on decarbonisation is about jobs that will be lost, and more focus is needed on the jobs that will be created, what they will be, and importantly where they will be.
  • We already have many of the technologies to drive significant abatement. Investing in breaking down barriers to these technologies is the simplest and shortest path to accelerating investment in these technologies, like:
    • energy-efficient appliances and buildings,
    • rooftop solar panels,
    • firmed grid-scale renewables,
    • electric vehicles and
    • electric manufacturing technologies.

Electrification and switching to renewables are core short, and medium-term decarbonisation strategies of many of our clients and this focus can help accelerate this transition.

  • The Plan provides certainty to investors that NSW is a place to invest in renewable energy, efficient technologies and sustainable materials. It also signals that NSW aims to lead in the development of emerging technologies that create new opportunities, whilst being flexible to re-assess and re-prioritise efforts during the Plan period.
  • Reducing our emissions by 35% by 2030 and to net-zero by 2050 is a shared responsibility, and the Plan clearly sets out the expectation that all business sectors, individuals and governments must play their part.

  • A broadening of the focus of abatement efforts to encompass low-carbon products and services, integrating these into existing and new initiatives, and providing consumers with more information to influence decisions is welcome.
  • Clarity on some of the funding, targets and programs that will help drive this change, such as:
    • $450 million Emissions Intensity Reduction Program
    • $450 million commitment to New South Wales from the Climate Solutions Fund
    • $1.07 billion in additional funding via both NSW and Commonwealth Governments in a range of measures
    • Development of three Renewable Energy Zones in the Central-West, New England and South-West of NSW to drive up to $23 billion in investment and create new jobs
    • Establish an Energy Security Safeguard (Safeguard) to extend and expand the Energy Savings Scheme
    • Expanded Energy Efficiency Program
    • Expanded Electric and Hybrid Vehicle Plan with the Electric Vehicle Infrastructure and Model Availability Program to fast-track the EV market in NSW
    • Primary Industries Productivity and Abatement Program to support primary producers and landowners to commercialise low emissions technologies
    • Target of net-zero emissions from organic waste by 2030
    • Development of a Green Investment Strategy, with Sydney as a world-leading carbon services hub by 2030
    • Enhancement of the EnergySwitch service by allowing consumers to compare the emissions performance of energy retailers
    • Advocate to expand NABERS to more building types, and improve both the National Construction Code and BASIX
    • Establishment of a Clean Technology Program to develop and commercialise emissions-reducing technologies that have the potential to commercially out-compete existing emissions-intense goods, services and processes
    • Establishment of a Hydrogen Program that will help the scale-up of hydrogen as an energy source and feedstock, and the setting of an aspirational target of up to 10% hydrogen in the gas network by 2030
    • Aligning action by government under GREP with the broader state targets through clear targets for rooftop solar, EVs, electric buses, diesel-electric trains, NABERS for Government buildings, power purchasing and expansion of national parks

We believe that the Net Zero Plan Stage 1: 2020–2030 is a good start in the right direction for NSW. We are looking forward to helping NSW organisations to set and reach their renewable energy and abatement goals, and to avail of available information, support and incentives that help them achieve their goals.

We will be keeping track of the Plan as it is rolled out and evolves over time, and will keep clients informed about opportunities that are aligned with their needs and objectives.

[1] © State of New South Wales 2020. Published March 2020

100% Renewables are experts in helping organisations develop their renewable energy strategies and timing actions appropriately. If you need help with developing emission scenarios that take into account policy settings, please contact  Barbara or Patrick.

Feel free to use an excerpt of this blog on your own site, newsletter, blog, etc. Just send us a copy or link and include the following text at the end of the excerpt: “This content is reprinted from 100% Renewables Pty Ltd’s blog.