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Jemena is to lead a trial of "smart wall chargers" across three states to test how networks can "dynamically" manage charging of electric vehicles at home. ARENA will pay $1.6 million towards a program that tests smart charging technology that is faster than standard chargers and responsive to grid demand.
Westpac boosts board 04 February 2021 Westpac will appoint a “highly experienced company director” to its board as another member prepares to step down. Dr Nora Scheinkestel, PhD, will join the board of Westpac as an independent non-executive director in March. Dr Scheinkestel will be a member of the board risk committee and the board remuneration committee upon her appointment. “We are very pleased to welcome Nora to the board. Nora has extensive board experience across a range of industries and her financial and risk management expertise and deep understanding of gove...
The world’s top market for rooftop solar is looking for new ways to add distributed PV to its electricity system by fine-tuning its interplay with the power grid. This year, utilities in the Australian states South Australia and Victoria will roll out a "flexible exports" pilot. The AUD $4.8 million (USD $3.7 million) project, which will cover 600 customers across the two states, will allow rooftop solar customers to vary their exports to the network in alignment with available grid capacity, instead of being restrained by fixed export limits. “The hosting capacity of the grid is d...
Australian shares take a beating as coronavirus continues its spread on the last day of 2020, leading to Victoria closing its border with NSW.
Asian Markets Close Mostly Higher As U.S. Stimulus News, Brexit Trade Deal Lift Sentiment CANBERA (dpa-AFX) - Asian stock markets ended mostly higher on Tuesday as news about U.S. President Donald Trump signing a $2.3 trillion pandemic bill, and a post-Brexit trade agreement between European Union and the U.K. lifted sentiment. Investors also reacted to reports that the U.S. House of Representatives have also backed Trump's proposal to increase the stimulus checks to $2,000 from $600. The proposal will now go to the Republican-controlled Senate for a vote. In the Australian market, where tra...