Potential offtaker

Monash University

www.monash.edu

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Which other companies from Australia are actively involved in decarbonization initiatives?
  • BHP Group
  • Australia and New Zealand Banking Group Limited
  • Zimmermann
  • Panoramic Resources Limited
  • Mirvac
  • ALDI Foods
  • Monash University is one of the leading universities in Australia, known for its innovative approach to education and research. The university is located in Melbourne, Victoria, and has several campuses across the state. Monash University is committed to providing high-quality education to its students and contributing to the development of society through research and innovation.

    The university has a strong focus on sustainability and decarbonisation, and has set ambitious targets to reduce its carbon footprint. Monash University has committed to achieving net-zero emissions by 2030, and has developed a comprehensive plan to achieve this goal. The university has identified several key areas where it can reduce its emissions, including energy use, transportation, waste management, and procurement.

    One of the key strategies that Monash University is using to achieve its decarbonisation goals is corporate energy procurement. The university has signed several power purchase agreements (PPAs) with renewable energy providers, which will provide the university with a reliable and affordable source of renewable energy. These PPAs will help Monash University to reduce its reliance on fossil fuels and transition to a low-carbon energy system.

    Corporate PPAs are a popular strategy for companies and institutions looking to reduce their carbon footprint and increase their use of renewable energy. A corporate PPA is a long-term agreement between a renewable energy provider and a company or institution, where the company agrees to purchase a certain amount of renewable energy from the provider. This provides the renewable energy provider with a stable source of revenue, while also providing the company with a reliable and affordable source of renewable energy.

    Monash University has signed several corporate PPAs with renewable energy providers, including a 10-year agreement with Murra Warra Wind Farm. This agreement will provide the university with 55% of its electricity needs from renewable energy, and will reduce its carbon emissions by 100,000 tonnes per year. The university has also signed a PPA with the Victorian Government, which will provide it with 100% renewable energy from wind and solar sources.

    In addition to corporate PPAs, Monash University is also investing in renewable energy infrastructure on its campuses. The university has installed several solar panels on its buildings, which will provide it with a source of renewable energy and reduce its reliance on grid electricity. The university has also installed a microgrid on its Clayton campus, which will allow it to generate and store its own electricity from renewable sources.

    Corporate energy procurement and renewable energy infrastructure are just two of the strategies that Monash University is using to achieve its decarbonisation goals. The university is also investing in energy-efficient buildings, sustainable transportation, and waste management initiatives. These initiatives are all part of the university's commitment to sustainability and its goal of becoming a carbon-neutral institution.

    Overall, Monash University is a leader in sustainability and decarbonisation, and is setting an example for other universities and institutions around the world. The university's commitment to renewable energy and corporate PPAs is helping to drive the transition to a low-carbon energy system, and its investment in renewable energy infrastructure is helping to create a more resilient and sustainable energy system. As the world continues to grapple with the challenges of climate change, Monash University is showing that it is possible to achieve ambitious decarbonisation goals while also maintaining a high standard of education and research.

    ✓ Current offtaker under Corporate PPA's