Potential offtaker

Yarra Valley Water

www.yvw.com.au

Estimated electricity consumption

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Countries of production presence

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Yarra Valley Water is a leading water utility company in Australia that provides water supply and wastewater services to over 1.8 million customers in Melbourne's eastern and northern suburbs. The company is committed to delivering high-quality and sustainable water services to its customers while protecting the environment and promoting social and economic development in the region.

Decarbonisation is a key priority for Yarra Valley Water, and the company has set ambitious targets to reduce its carbon emissions and transition to renewable energy sources. The company aims to achieve net-zero carbon emissions by 2050, and it has developed a comprehensive decarbonisation strategy to guide its efforts.

One of the key elements of Yarra Valley Water's decarbonisation strategy is the adoption of renewable energy sources. The company has invested in a range of renewable energy projects, including solar and wind power, to reduce its reliance on fossil fuels and lower its carbon footprint. Yarra Valley Water has also implemented energy efficiency measures across its operations, such as upgrading its pumping and treatment facilities to reduce energy consumption.

Corporate energy is another area of focus for Yarra Valley Water, as the company seeks to improve its energy management practices and reduce costs. The company has implemented a range of initiatives to improve energy efficiency, including the installation of smart meters and the use of data analytics to identify opportunities for energy savings. Yarra Valley Water has also implemented a corporate power purchase agreement (PPA) to secure a reliable and cost-effective supply of renewable energy.

The corporate PPA is a long-term agreement between Yarra Valley Water and a renewable energy provider, which guarantees the supply of renewable energy at a fixed price over a specified period. This allows Yarra Valley Water to reduce its exposure to volatile energy prices and secure a reliable and sustainable energy supply. The company's corporate PPA has enabled it to source a significant proportion of its energy from renewable sources, reducing its carbon footprint and contributing to its decarbonisation goals.

Yarra Valley Water is also committed to engaging with its stakeholders and promoting sustainable practices in the community. The company has developed a range of community engagement programs, including water conservation and education initiatives, to promote sustainable water use and raise awareness of environmental issues. Yarra Valley Water also works closely with local councils and other stakeholders to promote sustainable development and protect the environment.

In conclusion, Yarra Valley Water is a leading water utility company in Australia that is committed to delivering sustainable water services while protecting the environment and promoting social and economic development in the region. The company's decarbonisation strategy, which includes the adoption of renewable energy sources and the implementation of energy efficiency measures, is a key priority for the company. Yarra Valley Water's corporate PPA has enabled it to source a significant proportion of its energy from renewable sources, reducing its carbon footprint and contributing to its decarbonisation goals. The company's engagement with stakeholders and promotion of sustainable practices in the community further demonstrates its commitment to sustainability and responsible business practices.