City of Melbourne leads new renewable energy project
New renewable energy play launches in Melbourne November 30, 2015 Tom Arup Environment editor, The Age Melbourne businesses, local councils and universities will pool resources to build new renewable energy plants under an innovative push to boost the supply of clean power to the city.
To be launched on Monday, just as the Paris climate summit gets under way, the project is a first for Australia. At least a dozen backers will pool their electricity purchasing power with the aim of encouraging new wind or solar energy.
It is being led by the City of Melbourne, which carried out a year-long test of the market to see whether there was enough interest for it to be viable.
On the way, the project has collected partners including the National Australia Bank, the University of Melbourne, RMIT and Federation Square.
The group is looking to purchase 120 gigawatt-hours of new renewable energy – enough to power 31,000 homes for a year.
Early next year the consortium will put out a tender calling for projects to come forward. If a viable project is found, those involved will look to buy power from it for 10 years…….
Other participants that have so far agreed to be named include RMIT, NEXTDC, the City of Port Phillip and Moreland City Council. http://www.theage.com.au/victoria/new-renewable-energy-play-launches-in-melbourne-20151127-gl9urr.html#ixzz3t77su419
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