Eytan Lenko

Accelerating climate solutions. Chair @Boundless_Earth. Co-Chair AEGN, JCN. Co-founder Infrastructure Access Managers

[Eytan Lenko @eytanlenko]

“While Britain and parts of Europe and Asia facing double-digit power and gas price hikes this year, households across much of eastern Australia will receive power bill cuts starting next month, driven by steep falls in the wholesale cost of electricity.” https://t.co/rx9J7edb9A

[Eytan Lenko @eytanlenko]

A green grid attracts economic development
https://t.co/wW06hJpKJR

[Eytan Lenko @eytanlenko]

@shaylekann Check out https://t.co/Qzm2IhozzO

[Eytan Lenko @eytanlenko]

Just when Australians are worried about energy security, inflation and cost of living, a clear signal that renewables are the solution to all of them. https://t.co/F871iwGXdG

[Sydney EV 🔋☀️ @sydney_ev]

Norway can do it… China is doin it now. It’s actually quite easy to end combustion vehicles.

[ABC News @abcnews]

#BREAKING: Surging levels of renewable energy and better reliability from coal-fired generators are set to give consumers a break, with benchmark power prices to fall up to 10 per cent for consumers and more for small businesses. https://t.co/rfI78uHatF

[Eytan Lenko @eytanlenko]

Out with the old and in with the new https://t.co/JWbQ6AsqmD

[Eytan Lenko @eytanlenko]

Renewables being deflationary again https://t.co/EZ97qGtbZx

[Nan Ransohoff @nanransohoff]

New blog post: The third wave of American philanthropy

Hundreds of billions of dollars in new philanthropic capital will soon become liquid. The OpenAI Foundation holds 26% of OpenAI, worth about $220B at today’s valuation. Anthropic’s seven co-founders have pledged to give away 80% of their wealth and have instituted the most aggressive donor matching program for employees in tech history.

How much does this all add up to? And how meaningful is that in the context of philanthropy today?

I was doing some simple napkin math to wrap my head around the scale of what’s coming, and radicalized myself in the process. I had dramatically underappreciated the scale of the philanthropic capital that’s about to become available and the corresponding gap in talent and organizations that will be needed to make the most of it.

This piece aims to directionally sketch the scale of what’s coming, the gap in operational capacity needed to absorb it, and what we can do to fill it.

(Link to full post in reply)

[Eytan Lenko @eytanlenko]

Brilliant cartoon by @meganjherbert today

[Eytan Lenko @eytanlenko]

From Wednesday, Uber charges you extra if your driver is in a petrol car. 5 cents per kilometre. EV riders pay nothing. The fuel crisis is now showing up on your phone screen. https://t.co/8xtZsr4JMw

[Eytan Lenko @eytanlenko]

Australians are installing home batteries at two every five minutes right now. Record pace. Nobody's forcing them they've just watched petrol hit $3 a litre and done their own maths. https://t.co/QGtJMOSb3U

[Jan Rosenow @janrosenow]

When it comes to the energy transition I'm a glass half full person.

I know: plenty of people would say that's naive. They point to the scale of the challenge. They point to vested interests. They point to hard-to-abate sectors.
They're not wrong.

But here's what they miss. 🧵

[Eytan Lenko @eytanlenko]

82% of those new EV buyers were first-timers. Not greenies. Not early adopters. Regular people doing the maths on petrol prices and making a call.

[Eytan Lenko @eytanlenko]

The PM is flying to Singapore to beg for petrol. One in seven Australians buying a new car in March went electric instead. EV sales up 50% in a single month. Origin Energy says the average driver saves $1,500/yr on fuel. https://t.co/inhj0HKZhZ

[Pete Petrovsky 🔋⚡️🚘🇦🇺 Tesla Ahead of the Curve @ahead_of_curve]

1 in 7 Australian cars sold last month were BEVs, 1 in 5 were BEVs & PHEVs and 2 in 5 were electrified (BEV + PHEV + Hybrid). I would not be surprised if petrol & diesel are <50% before roughly the middle of this year, with ~¼ being purely electric.

[Grouch That Sparx @GrouchThatSparx]

There we go folks... A Snapshot of the future for other countries.

[Felix Hamer • electricfelix @electricfelix]

Daniel Bleakley: 🇦🇺

"We transported essential household goods for our customer Who Gives A Crap from their distribution centre in Sydney to Canberra with a Windrose prime mover on a single charge."

"Australia must act now and seize this moment to decouple from diesel."
⚡️⚡️⚡️

[Chris Meder @EVCurveFuturist]

In Australia right now, a diesel prime mover sits at A$200k–$250k. The Windrose BEV E700 lands at A$450k–$500k.

“Twice the price.” That’s the headline. That’s where most people stop.

Layer in Tesla. The Semi is arriving at US$260k–$300k (~A$400k–$460k).

And BYD? In a different league entirely—scaling heavy-duty electrics in China at aggressive prices through full vertical integration.

Yes, electric still carries the upfront premium.

But that’s the wrong comparison.

You’re not choosing between A$250k and A$450k.

You’re choosing between:

• Diesel: A$250k + ~A$2 million in volatile fuel over 10 years
• Electric: higher capex, then structurally far cheaper to run

The Windrose isn’t a compromise. ~700 km loaded range. ~700 kWh LFP pack. ~1,400 hp. ~870 kW charging. ~68-tonne capability.

That’s diesel performance—without the fuel dependency.

Tesla’s Semi is already proving materially lower real-world cost per kilometre in fleet deployments. BYD is industrialising faster, quieter, and cheaper.

Here’s what actually matters.

The visible gap (purchase price) is shrinking fast.
The invisible gap (operating cost) is widening faster.

Those two curves are converging hard.

That’s the squeeze.

Once they cross, adoption doesn’t crawl—it flips. Freight doesn’t care about narratives. It cares about cost per kilometre.

And the loop is now running in electric’s favour.

Oil shocks used to reinforce oil.
Now they accelerate its replacement.

Every diesel price spike forces fleets to run the numbers. Every electric truck on the road kills future diesel demand. That weakens supply investment. Which makes the next spike worse.

We’re sitting in diesel’s last comfort zone on sticker price.

The real shift isn’t happening on the invoice. It’s happening in the system underneath.

And when that system flips? Diesel doesn’t compete. It gets exposed. ⚡🔋 #Bettrification

[Lily D'Ambrosio MP @LilyDAmbrosioMP]

The VEU is already slashing Victorians‘ energy bills by making homes more energy efficient and today, we’ve announced that we’re adding ceiling insulation into the program.

This new VEU discount will cut the upfront cost of ceiling insulation installation by 30–50% or $1,500.