City leaders collaborate towards zero emissions

A group of Melbourne’s most prominent universities and businesses has secured a multi-million-dollar deal to power their operations using wind energy. The purchasing group of seven large energy users includes RMIT University, Deakin University, Cbus Property, ISPT, Fulton Hogan, Citywide Asphalt, and Mondelez International. Deputy Lord Mayor Arron Wood said this is the second purchasing agreement facilitated by the City of Melbourne through the Melbourne Renewable Energy Project. ‘Combined, the two projects represent the equivalent of a five per cent reduction in the city’s emissions, and a tangible shift towards renewable energy in the national grid,’ the Deputy Lord Mayor said. ‘The new group includes 14 shopping centres, nine office buildings, seven educational campuses, and four manufacturing facilities. ‘The deal is equivalent to providing enough renewable power for more than 22,000 households a year. When you add in MREP 1, that jumps to enough power for 40,000 households a year.’ Tango Energy will provide 110 gigawatt hours of renewable electricity per year to the purchasing group over 10 years. ‘The agreement starts in July and most of the wind power will be produced at the Yaloak South Wind Farm near Ballan, with the remaining energy coming from other wind farm projects in regional Victoria,’ the Deputy Lord Mayor said. ‘Renewable energy investments can and should play a significant role in supporting our economic recovery from COVID-19. ‘The purchase of renewable energy certainly has a positive environmental impact, but it also makes economic sense. We know the energy market can fluctuate a lot. Like MREP 1, the MREP 2 project allows the buying group to lock in price certainty. So it’s not only good for our planet, but great for the hip pocket. ‘Our partners in the business and education sectors have shown enormous leadership by stepping up to help transition … Continue reading City leaders collaborate towards zero emissions