Welcome to WWF-Australia’s Renewable Energy Buyers Forum! Now with over 250 member organisations including many top 50 ASX-listed companies, Australian universities, state and local governments, as well as renewable energy generators, retailers and professional service providers, our Forum aims to leverage our combined energy demand to grow the supply of renewable energy in Australia.
Procuring renewable energy is a smart business strategy, with benefits that include financial hedging and risk management, brand building, investor appeal and an improved social license to operate. Together, we’re learning how to develop corporate renewable power purchase agreements (PPAs) to achieve these goals.
Our latest event was held at the Energy Efficiency Expo in Adelaide on 22nd August 2018. We would like to thank ICN for hosting us, and our presenters from Arup, SIMEC Zen Energy, Inner West Council, ESCO Pacific and DP Energy. Presentation slides can be downloaded here.
In July, we held our Forum at DLA Piper, Brisbane on Thursday 26thJuly 2018. We would like to thank our presenters from Mars Global, Next DC, Sunshine Coast Council, Department of Natural Resources, Mining & Energy (Qld), Windlab, WePower, Intelligent Water Networks (DELWP, Vic) and DLA Piper (event sponsor). Presentation slides can be viewed here.
We hold Forum events quarterly. If you would like to join the Forum or more information about this event, please contact Jackie McKeon at email@example.com
We are pleased to announce the release of ‘Best of Both Worlds: Renewable Energy and Load Flexibility for Australian Business Customers’ (August 2018) prepared by Institute for Sustainable Futures (University of Technology Sydney) for Flow Power, in partnership with WWF-Australia. This new report illustrates the benefits of buying wholesale electricity with demand response and Corporate Renewable PPAs. It includes a study of energy cost savings made by three organisations located in Victoria.
Also available is ‘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 guide 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.
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