ACCIONA Energía, a company dedicated to providing solutions based on renewable energy, recently signed a 10-year PPA. This agreement guarantees that it will supply renewable electricity to a consortium of three major Australian companies.
PPA signed between ACCIONA Energía and BREP
ACCIONA Energía has signed a 10-year Power Purchase Agreement (PPA) to supply 68 GWh per year of 100% renewable electricity to the Barwon Renewable Energy Partnership (BREP). This APP will begin on December 1, 2022.
BREP was created by Barwon Water, Barwon Health and GeelongPort. These are three large companies managing local water, health and transport services in Victoria, Australia. The objective of this consortium is therefore to facilitate the collective purchase of renewable energy and to reduce emissions.
The electricity will be supplied from ACCIONA Energía’s Mt Gellibrand wind farm in southwestern Victoria. With a capacity of 132 MW, this wind farm produces enough clean energy to supply nearly 90,000 Australian homes.
A PPA participating in the energy transition
Melanie Sutton, Director of Energy Markets and Policy for ACCIONA Energía in Australia, says:
“This agreement is another step towards implementing the Victorian Government’s climate change strategy. It is also an example of how large businesses can successfully decarbonize their energy use. We’re proud of this agreement and how we’re using renewable energy generated here in Victoria to power local businesses and help them meet their decarbonization goals.”
As for the CEOs of the companies in the consortium, they stressed the relevance of this contract to achieve the decarbonization objectives of their companies and the sectors in which they operate. They also reiterated the benefits of regional collaborations to lead Victoria’s energy transition.
