Our latest Renewable Energy Buyers Forum event was held on Monday 27th November 2017.
Presentations from Norton Rose Fulbright (event sponsor), NSW Government, ARENA, JLL and WWF-Australia are available at the link below. Many thanks to our speakers and all who attended.
We hold Forum events quarterly, and the date of the next event will be posted to all Forum members.
If you would like a copy of the WebEx recording from our latest event, or wish to join the Forum, please contact Jackie McKeon at email@example.com
We are also pleased to announce the release of ‘Green Hedging: A Guide to Structuring Corporate Renewable PPAs’ prepared by Baker McKenzie in partnership with WWF-Australia, and funded by the NSW Government Department of Environment & Heritage. This new report unpacks the types of Corporate PPAs available in the Australian market and considers both the opportunities these arrangements can offer, as well as the current challenges in bringing them to fruition.
The Australian energy sector is in a state of transition. Energy consumption patterns are shifting and so are expectations that we deal with the challenge of climate change. Network and energy costs are increasing and renewable energy is becoming more cost competitive.
As a result, Australian companies are exploring their options and becoming more sophisticated in their energy purchasing. Some are looking to purchase more renewable energy, but there are barriers to them doing so.
Since early 2015, WWF-Australia and a number of companies, institutions, and state and local governments have met to discuss the complexity of energy markets under the banner of the WWF Renewable Energy Buyers' Forum. We've looked at the opportunities and impediments, and the technological and price disruption taking place. And we've explored a range of purchasing options, such as large-scale generation through GreenPower or other models, localised generation, and support for community-owned renewable energy projects.
The forum aims to leverage our combined demand to grow the supply of renewable energy in Australia. Together, we’re learning that purchasing renewable energy is a smart business strategy with benefits that include brand building, investor appeal and an improved social license to operate.
Current number of members (businesses, government, generators & investors) that have now joined the Forum is now over 150 and rising.
Sustainable goods and services, once niche and expensive, are fast becoming ubiquitous and affordable. Renewable grid electricity is no different. We believe the business renewable market in Australia is poised for success.
You can make a difference by:
• Joining the WWF Renewable Energy Buyers' Forum and help us to recruit others
• Working with us to share your buyers’ needs and stories
• Contributing to case studies on wins and lessons learned
• Participating in the Renewable Energy Aggregation Project (REAP) – a pilot project under the forum – that will be rolled out later in 2016, and other projects that we pursue.
For more information please contact:
Monica Richter, Senior Manager, Low Carbon Futures, firstname.lastname@example.org or (02) 8228 6823
Jackie McKeon, Renewable Technologies Manager, email@example.com or (02) 8228 6827