none

SAVINGS FROM POWER PURCHASE AGREEMENTS ARE GROWING

06-06-2019
by 
in 

Businesses signed onto Flow Power’s Corporate Renewable Power Purchase Agreements (PPAs) have collectively saved $15.4 million since their contracts began at the start of 2018. The savings are still growing, and as more businesses sign up, the benefits will only increase.

PPAs help integrate renewables into the grid and drive renewable investment in the Australian energy market. These deals see businesses contract a portion of their consumption from large-scale wind and solar generators and provide low-cost power over the long term.

One of these is Ascham School in Sydney’s eastern suburbs, which is the first school in NSW to enter into a PPA and has made the ambitious commitment to being 90 per cent powered by renewables.

“Our growing focus on sustainability as part of our strategic plan, spurred us on to look at alternative options and sources of energy,” says Ascham School Business Manager Candice Heapes. “At Ascham, the whole school is committed to sustainable actions, so drawing energy from wind and solar farms is a terrific step in greening our future.”

Demand for PPAs is increasing and more businesses are choosing to reserve renewable power for the future. With 50MW more renewable energy committed since March, only 42 per cent of Flow Power’s wind and solar offering is left.

There’s good news for smaller businesses too: Flow Power is making its renewables deals available to them. Its analysis highlights the significant opportunity for businesses of all sizes to drive down energy expenditure while benefiting from these contracts.

Flow Power
1300 08 06 08
flowpower.com.au

Related news & editorials

  1. coins
    12.05.2021
    12.05.2021
    by      In , In
    "From an industry perspective, the Government's second budget in a year locks in the recovery from recession and shifts gears from emergency measures to investing in the economy for the longer term," says Innes Willox, Chief Executive of the national employer association Ai Group.
    He described it... Read More
  2. apprentice
    12.05.2021
    12.05.2021
    by      In , In , In
    Liverpool Plains on the north-western slopes of New South Wales is a highly productive agricultural area. There are broad acre crops such as wheat, corn and sorghum, while dry-land and irrigated cotton crops thrive in the rich soil.
    Sheep graze in the hills surrounding Spring Ridge and the Caroona... Read More
  3. shaking hands graphic
    11.05.2021
    11.05.2021
    by      In , In
    Skills qualifications in manufacturing trades have undergone their biggest update in a decade, with the intention of developing a more productive workforce and one which has the skills required by today’s jobs. Developed by the Manufacturing and Engineering Industry Reference Committee, supported... Read More
  4. factory worker
    10.05.2021
    10.05.2021
    by      In
    A survey has found that while four out of five Australian workers feel optimistic about the next five years, only 30% of those in manufacturing feel the same way. It also found that 10% of Australian manufacturing workers reported losing their jobs last year. The findings were based on a global... Read More
Products
Suppliers