Energetics is tracking the progress of corporate renewable power purchase agreements larger than 10 megawatts (MW) across Australia, looking at both the size of the capacity being developed and the States that are leading the way. These deals involve some of Australia’s largest energy users and sustainability advocates who are pursuing clean energy via long term supply agreements. We will update our tracker regularly.
Since 2016 corporate PPAs have supported projects with a combined capacity of nearly 3600MW, of which about 3100MW enabled investment in new projects.
As at 18 April 2019, approximately 50% of the project capacity supported by corporate PPAs is solar, 8% a mix of wind and solar, with the remainder wind. Victorian projects continue to dominate, accounting for 46% of project capacity (about 1700MW) supported by corporate PPAs.
For more insights into the features of different corporate PPA deals and their impact, read our article, 'Corporate PPAs support 34% of RET requirement'..
Guide to corporate PPAs: unlocking the benefits and managing the risksIssued: November 2018
While focussed on the corporate PPA opportunity in NSW, this newly launched guide is designed to bridge a knowledge gap in the market, as more and more large energy users seek to access the benefits that can be created with a comprehensive, risk managed deal.
Commercial and technical advisor on leading corporate PPA deal for Monash UniversityIssued: July 2018
Energetics provided technical and commercial advice during the development of the corporate PPA’s business case, as well as during the due diligence stage of the Murra Warra Stage I transaction.
Adviser to the Melbourne Renewable Energy Project buying groupIssued: November 2017
Led by the City of Melbourne, the buying group plans to procure 88 GWh sourced from a new wind farm at Crowlands, in Western Victoria. The group is working to finalise contracts with the wind farm developer – Pacific Hydro. Energetics provided technical advice, stakeholder education and commercial due diligence services throughout the process.
MREP’s guide to buying offsite renewable electricityIssued: November 2017
Through their purchasing decisions, large organisations such as councils, universities, corporations and infrastructure authorities have the power to drive investment in new renewable energy projects such as wind farms and solar parks. Throughout the document, you'll find case studies and tips drawn from our experience establishing the Melbourne Renewable Energy Project, and from other similar projects.
Related Thought Leadership
Author Anita Stadler
Date June 2018In 2016 the Clean Energy Regulator stated that 6000 megawatts (later adjusted to 6400MW) of large-scale generation capacity would be needed be…
Author Anita Stadler, Fadeela Saloojee
Date March 2018The Clean Energy Regulator (CER) announced in February 2018 that the Commonwealth’s Renewable Energy Target (RET) of 33,000 GWh by 2020 is likely…
Author Anita Stadler
Date January 2018At the start of 2017, the rising costs of grid-supplied electricity, coupled with the falling costs of renewable energy production were narrowing…
Author Gilles Walgenwitz
Date January 2018With futures contract prices more than doubling across all market jurisdictions in the NEM large customers have been reviewing their position. We…
Author Andrew Tipping, Anita Stadler, Gilles Walgenwitz
Date November 2017Energetics provided technical advice, stakeholder education and commercial due diligence services throughout the development of the MREP supply a…