Australian water utilities band together in wind power purchase

Australian water utilities band together in wind power purchase

first_imgAustralian water utilities band together in wind power purchase FacebookTwitterLinkedInEmailPrint分享Renew Economy:Thirteen Victorian water utilities have banded together to forge a major renewable energy off-take deal that will supply between 20 and 50 per cent of each corporation’s total electricity needs, and lower water bills for consumers.The utilities, under an umbrella organisation called Zero Emissions Water Ltd (ZEW), have signed a deal with the 200MW Kiamal Solar Farm – Victoria’s largest such project to date, which is being developed in the state’s north-west by Total Eren.Victorian water minister Lisa Neville said on Tuesday that the power purchase deal, starting October 2019, meant the utilities would be able to source electricity at “a much cheaper rate” than would be possible individually.This would not only slash the utilities’ emissions, but reduce operating costs in what is a notoriously energy intensive industry, and allow those savings to be pass on to consumers.Total Eren’s Kiamal Solar Farm has been setting the pace for corporate renewables financing deals in Victoria, namely with the fast-growing energy retailer Flow Power, which is contracted to buy 50MW of capacity from Kiamal, to offer to its business clients, including Mars Australia.More: Victorian water utilities ink major off-take deal with state’s biggest solar farmlast_img

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