Doogie
Kennel Lizard Lord
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The issue is the infrastructure. Norway is probably the best country in the world in terms of it. Decades of revenues via the sovereign fund paid for it. 16 Hydro dams in the south - all within a space from say Wollongong to Taree to Lithgow. The high voltage transmission through that is extensive. And the smallest of these hydro dams is slightly smaller than our largest Hydro dam in the same area (and thats pumped hydro so less about generation and more about energy balancing).Norway's generous tax incentives and subsidies for electric vehicles and charging infrastructure have created the world's most successful market for battery-powered autos. The country's abundance of hydroelectric power meant electricity had been dirt cheap for decades. So much so that Norwegians didn't hesitate to leave the lights on in every room or keep hot tubs warm at cottages even when no one was there.3 Feb 2023
Question is, can Australia offer these cash incentives and infrastructure so EV sales flourish.
If you think in Australia of wind, solar etc., we're not that far behind in terms of production. But our transmission sucks and investment in transmission is weak because of a range of reasons.
As for the cash incentives, thats hard as well. Mainly as, unlike Norway, we sold off the rights of our energy reserves to corporations for chicken feed and expected to get it back on tax. Except we then wrote rules to allow them to dodge tax. So Norway made a packet and thats also used to fund incentives.
So the answer is no.