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 4200MW, of which about 3400MW enabled investment in new projects.
As at 11 November 2019, approximately 53% 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 41% of project capacity (about 1700MW) supported by corporate PPAs.
For our industry insights on the Australian PPA forecast for the remainder of 2019, read our article, 'Large number of power purchase agreements likely this year'.
Deal insights
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Guide to corporate PPAs: unlocking the benefits and managing the risksIssued: November 2018While 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.
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Commercial and technical advisor on leading corporate PPA deal for Monash UniversityIssued: July 2018Energetics 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.
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Adviser to the Melbourne Renewable Energy Project buying groupIssued: November 2017Led 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.
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MREP’s guide to buying offsite renewable electricityIssued: November 2017Through 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.
Download - Renewable Energy Procurement: a guide to buying off-site renewable electricity
Related Thought Leadership
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Large number of power purchase agreements likely this year
Author Anita Stadler
Service Energy and carbon markets, Strategy, policy and financing advice, Renewables and energy efficiency
Date July 2019
This article was originally published by Footprint A significant number of large corporate power purchase agreements will be finalised by the… -
What’s next for Australia’s corporate renewable PPA market?
Author Anita Stadler
Service Renewables and energy efficiency, Strategy, policy and financing advice
Date April 2019
The market for corporate renewable power purchase agreements (PPAs) has developed at a remarkable pace. From 2017 when electricity and LGC price… -
Corporate PPAs deliver 34% of generation capacity required under the RET
Author Anita Stadler
Service Renewables and energy efficiency, Energy and carbon markets
Date June 2018
In 2016 the Clean Energy Regulator stated that 6000 megawatts (later adjusted to 6400MW[1]) of large-scale generation capacity would be needed be… -
The outlook for LGC prices from a corporate perspective
Author Anita Stadler
Service Renewables and energy efficiency, Energy and carbon markets
Date March 2018
The Clean Energy Regulator (CER) announced in February 2018 that the Commonwealth’s Renewable Energy Target (RET) of 33,000 GWh by 2020 is likely… -
A buyers’ market for corporate renewable PPAs
Author Anita Stadler
Service Renewables and energy efficiency
Date February 2018
The large corporate renewable Power Purchase Agreements (PPAs) announced in 2017 highlighted the range of cost, emissions reduction and community… -
Corporate PPAs took off in 2017 – who were the leaders?
Author Anita Stadler
Service Energy and carbon markets, Renewables and energy efficiency
Date January 2018
At the start of 2017, the rising costs of grid-supplied electricity, coupled with the falling costs of renewable energy production were narrowing… -
It’s not just price – a corporate renewable PPA is a risk management strategy
Author Gilles Walgenwitz
Service Renewables and energy efficiency, Energy and carbon markets
Date January 2018
With futures contract prices more than doubling across all market jurisdictions in the NEM large customers have been reviewing their position. We… -
MREP renewable energy buying group launches
Author Andrew Tipping, Anita Stadler, Gilles Walgenwitz
Service Renewables and energy efficiency, Energy and carbon markets
Date November 2017
Energetics provided technical advice, stakeholder education and commercial due diligence services throughout the development of the MREP supply a…
