Aylin Cunsolo Baker McKenzie

Transcription

1 Melbourne Launch Event Baker McKenzie Sydney - 5 December 2018

2 Jon Dee ARUP

3 Aylin Cunsolo Baker McKenzie

4 Chris Lee Business Renewables Centre Australia (Climate-KIC)

5 Project partners Who we are Funding partners

6 Founding Members & Partners

7 Our goal

8 Who is it for? Organisations yet to procure renewable energy via PPAs and want to know more. Organisations looking to set and/or meet targets for renewable energy or zero carbon, such RE100 or SBTi. Organisations that have executed corporate PPAs: To continue to lead the market through knowledge-sharing - sharing experiences, including challenges, in negotiating corporate PPAs. Help to shape and guide the industry through inputs into the BRC-A s tools, guides and training program. Learn how to manage PPAs in the longterm for the life of the agreement following execution. Feature or search for projects on the marketplace platform.

9 What we do

10 Philip Cohn ARENA

11 BUSINESS RENEWABLES CENTRE AUSTRALIA Phil Cohn Investment Director, Business Development & Transactions ARENA

12 ARENA S PURPOSE ARENA is the Australian Renewable Energy Agency. The Agency was established by the Australian Government in July 2012 to improve the competitiveness of renewable energy technologies and increase the supply of renewable energy in Australia. Our purpose is to accelerate Australia s shift to affordable and reliable renewable energy.

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15 TAKE-UP OF RENEWABLES IS LOW

16 BENEFITS THERE, BUT BARRIERS REAL

17 OVERCOMING BARRIERS & ACCELERATING CHANGE

18 Stan Krpan Victorian Government

19 Kane Thornton Clean Energy Council

20 Carl Daley Commonwealth Bank of Australia

21 John Tortora Carlton & United Breweries

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23 Drivers of

24 2025 Sustainability Targets

25 2018 Sustainability Initiatives

26 Why renewable electricity? Aligned and solidifies to our commitment to the global sustainability goals and RE100 Drive availability and accessibility of renewable electricity in the wider market Lock in a price for electricity and smooth out the price fluctuations in the wholesale energy market

27 Off site solar farm: Karadoc, VIC Agreement with BayWa r.e. covers 74,000 mwh covering 90% of CUB purchased needs. Remainder comes from on site solar. Activated mid December 2018 On site solar will be rolled out across our 3 breweries in 2019.

28 Dr Kendra Wasiluk Monash University

29 Jonathan Prendergast Business Renewables Centre Australia (ISF)

30 RE PPAs Market Segments Utility PPAs Merchant (Investment) Projects Government PPAs Corporate PPAs & Investment

31 Corporate PPAs so far 30 Projects 1,829 MW Contracted 4,235 MW Projects Supported

32 Who are the leaders?

33 Victoria is the leading state Victoria QLD SA NSW Tas Note: RE PPAs, total capacity of agreements (MW)

34 Manufacturing, government & education leading 4% 2% 4% 7% 22% Manufacturing Local Government State Government 4% Education Resources 5% telecommunications & datacentres Water utility 9% 15% Distribution transport 2% retail agriculture 13% 13% Finance but a large spread of sectors have a RE PPA

35 What are they buying?

36 Mostly new projects Confirmed Projects 9% Project Types -Number of Deals (%) Operating 9% New Projects 82% New Projects Confirmed Projects Operating

37 Buying Electricity & LGCs Purchasing - Number of Deals Other/Unknown 10% LGCs 14% Electricity 3% Bundled 73% Bundled Electricity LGCs Other/Unknown

38 No technology preference (yet) Solar Thermal 8% Combined Capacity of Deals Solar 42% Wind 50% Solar Wind Solar Thermal

39 Growing the market Standardisation of deal types Diversifying agreement sizes Average deal capacity of 63 MW so far Aggregation Buyers helping buyers

40 A few brave pioneers have done aggregated deals Buying Program - Number of Deals Group Buy 17% Buy Alone 83% Buy Alone Group Buy

41 How Corporate PPAs Can support Sustained Investment in Renewables 100% Breakdown of Timing of recent PPAs Q4 to 2018 Q3 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2016 Q Q Q Q Q Q Q Q3 Utility PPAs Merchant projects Corporate PPAs Government PPAs

42 MW Capacity Contracted How Corporate PPAs Can support Sustained Investment in Renewables 1,000 Timing (Rolling 12 month average) Comparison of Utility vs Non-Utility PPAs and Investments Q Q Q Q Q Q Q Q3 Utility PPAs & Merchant Projects Non-Utility PPAs (Corporate & Government)

43 More information Contact: Jonathan Prendergast, Technical Director e. Chris Briggs, Technical Director e:

44 Monica Richter Business Renewables Centre Australia (WWF)

45 BRC-A Snapshot

46 What we do Primers & Guides for Industry

47 Buyers Roadmap What we do

48 What we do Marketplace Platform Current and planned renewable energy projects

49 MW (capacity enabled by corporate PPAs) What we do Deal tracker Advanced deals Adelaide Brighton Orora Sun Metals Telstra Sydney Metro Northwest Telstra Club 1 Nectar Farms SACOME (including supply to Whyalla) University of Queensland University of NSW BlueScope Victoria Government (own use AB InBev/CUB Victoria Government (own use of LGCs) of LGCs) Melbourne Renewable Energy Project FlowPower GFC Alliance (Ararat (Laverton) linked customers) Axis Title Orora Mars

50 What else do we do Training bootcamps and webinars scenario training with organisations that have executed Semi-annual industry networking events Industry reports Case studies One-on-one support Newsletters & blogs

51 Sneak peak: members site

52 Sneak peak: members site

53 Sneak peak: members site

54 Sneak peak: members site

55 BRC-A Membership Essential to access BRC-A resources & marketplace platform. Free for energy buyers. Free for all members for Year 1. Tiered according to services to allow members to choose the best level of membership: Developer/retailer/project financier/investor ($5,000 or $1,000). Professional service providers ($2,500, $1,000 or $250). Detailed in our Membership Prospectus available by contacting us: Via BRC-A website:

56 Founding Members & Partners

57 Chris Briggs Business Renewables Centre Australia (ISF)

58 ISF Research Areas ISF Research Areas Conducting independent project based research for Australian and international Conducting independent project based clients since research for Australian and international clients since CITIES & BUILDINGS Improving the liveability of urban environments with holistic and net-positive social, infrastructure and resource CITIES solutions & BUILDINGS Improving the liveability of urban environments with holistic and net-positive social, infrastructure and resource solutions CLIMATE CHANGE & ADAPTATION CLIMATE CHANGE & ADAPTATION Helping partners adapt to the challenges of a changing climate Helping partners adapt to the challenges of a changing climate ENERGY FUTURES Accelerating the transition Accelerating the transition to to more more decentralised decentralised energy systems that are are clean, affordable, reliable and empower communities and empower communities FOOD SYSTEMS Transforming food systems to ensure healthy, thriving and food secure communities and businesses FOOD SYSTEMS ENERGY FUTURES Transforming food systems to ensure healthy, thriving and food secure communities and businesses INTERNATIONAL DEVELOPMENT INTERNATIONAL DEVELOPMENT Working in partnerships to end poverty and ensure Working sustainable partnerships to development end poverty for and all ensure sustainable development for all LANDSCAPES & ECOSYSTEMS Enhancing LANDSCAPES ecosystem & integrity ECOSYSTEMS and livelihoods Enhancing by incorporating ecosystem integrity and livelihoods by perceptions, values and incorporating perceptions, practices values and into decision-making practices into decision-making LEARNING & CHANGE RESOURCE FUTURES Advancing responsible and efficient production and RESOURCE consumption by fostering FUTURES stewardship and Advancing circular resource responsible flows and efficient production and consumption by fostering stewardship and circular resource flows Facilitating individual, social LEARNING and organisational & transformation, learning CHANGE and change Facilitating individual, social and organisational transformation, learning and change TRANSPORT Providing TRANSPORT solutions for quality Providing transport solutions services for that quality maximise transport productivity services that maximise productivity at least cost and lowest at least cost and lowest impact WATER FUTURES Developing restorative, sustainable and resilient water WATER management FUTURES solutions Developing restorative, sustainable and resilient water management solutions University of Technology Sydney 2018

59 Some project examples

60 Tool Development Program Q Deal Dream Team Deal Structures 1 Q Risk Allocation Accounting Internal support guide 3 Q Social Licence for buyers Demand management & PPAs 5 2 Q RFP Template Energy management principles Economic Analysis/tool Term Sheet template 4 Q CFO Pitch Deck Aggregation Finance Copyright PresentationGo.com The free PowerPoint template library

61 John Dee ARUP

62 Founding Members & Partners