The Melbourne Renewable Energy Project presents an opportunity for local governments in South East Melbourne to lead renewable energy developments that deliver economic, social and environmental benefits to businesses and communities in the region.
Significant volatility in the electricity market has resulted in cost impacts to businesses and local governments. Leading organisations, including local governments, are undertaking strategic electricity procurement to source energy from renewable energy projects to deliver ongoing cost savings and price certainty. This procurement approach can also enable organisations to achieve their carbon reduction targets cost effectively.
There are opportunities for Councils in SE Melbourne to lead procurement initiatives that also deliver electricity cost savings to businesses in the region.
A pre-feasibility study will identify suitable procurement models and high-level indicative costs to inform council procurement strategies. The results of the study will be available in March 2019.
The SECCCA management committee resolved to investigate the possibility of renewable energy procurement delivering regional socio-economic benefits. Several SEM Councils are also participating in the SEMREP feasibility project which now includes Port Phillip, Bayside, Monash, Frankston, Dandenong, Mornington Peninsula, Bayside, Casey, and Cardinia.
PROJECT: South East Melbourne Renewable Energy Project (SEMREP)
START / FINISH: 2018/2019
FUNDER/GRANT: SECCCA Members