Federal government investment in emerging technologies and funding changes for ARENA and CEFC

This week the Australian federal government announced a $1.9 billion funding package targeting new and emerging technologies for the Australian Renewable Energy Agency (ARENA) and the Clean Energy Finance Corporation (CEFC). This provides important funding certainty to ARENA and CEFC and is expected to substantially assist in Australia’s energy transition towards a lower emissions energy … Read more

Germany: Federal Cartel Office launches sector inquiry into charging points for electric vehicles

The German Federal Cartel Office (“FCO”) has launched a sector inquiry in the provision and marketing of publicly accessible charging infrastructure for electric vehicles. According to the FCO’s president, Andreas Mundt, the FCO has received several complaints about prices and conditions at the charging stations. Germany has set itself the ambitious target to reduce emissions from transport by 40 to 42 percent (compared to 1990) by 2030. One aspect of this ambitious strategy is the government’s aim to have seven to ten million electric vehicles registered in Germany by that date. A bottleneck in increasing the number of electric vehicles on the road is the charging infrastructure. The German government aims to have a total of one million charging points available by 2030, which is the key milestone of its “Masterplan Charging Point Infrastructure”, adopted in November 2019. Over the next two years alone 50,000 public charging points are to be set up. Read more