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Melbourne tender to award aggregated PPA for 113 GWh/yr

Australian wind farm. Author: Steven Caddy. License: Creative Commons, Attribution 2.0 Generic

November 26 (Renewables Now) - A group of seven universities and business organisations in Melbourne, Australia, have been granted permission to hold a tender to collectively purchase 113 GWh of renewables power per year.

A draft determination to authorise the proposed joint renewable energy purchasing group was issued by the Australian Competition and Consumer Commission (ACCC) last week. Under the plan, participants of the so-called Melbourne Renewable Energy Project 2 will be able to hold a tender and then sign an aggregated power purchase agreement (PPA) for up to 15 years.

The specific tender was launched on November 22, while contracts will not be awarded until final authorisation from the ACCC is granted. The regulator is expected to issue a final decision in December 2019 or January 2020.

The buying group for this second round of collective procurement includes RMIT University, Deakin University, Cbus Property, ISPT Property, Fulton Hogan, Citywide Asphalt and Mondelez International. The City of Melbourne will be facilitating the process. The electricity to be purchased will go to university campuses, manufacturing facilities, shopping centres, retail stores and office buildings across Melbourne, the Victorian government said in a separate statement.

In 2017, local governments, companies, agencies and organisations, led by the city of Melbourne, signed a bulk PPA deal for an 80-MW wind park that was built by Pacific Hydro near Ararat.

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Browse all articles from Veselina Petrova

Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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