EnergyNotableSingle-source
5.4
Australia EV sales surpass gas cars for first time on oil price surge
NYT World·AU·about 8 hours ago
In the year to August, gas generation during Australia's evening peak (5-8pm) fell 67%, with large-scale and home batteries now supplying nearly half of dispatchable power at peak demand. This marks a structural shift in grid composition, driven by rapid battery deployment and government subsidies, reducing fossil fuel reliance. The trend signals accelerating energy transition in Australia, with implications for gas demand and grid stability.