Potential offtaker

State of New South Wales

www.nsw.gov.au

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Which other companies from Australia are actively involved in decarbonization initiatives?
  • Lynas Rare Earths Limited
  • GPT Group
  • Frasers Property Industrial
  • Newcrest Mining
  • The Star Entertainment Group Limited
  • South32 Limited
  • The State of New South Wales is a regional government entity located in Australia. The government is responsible for the administration of the state, including the development of policies, laws, and regulations that govern the activities of individuals and businesses within the state. The government is also responsible for the provision of public services such as healthcare, education, and infrastructure development.

    As a government entity, the State of New South Wales has a significant role to play in the decarbonisation of the state's economy. The government has set a target of net-zero emissions by 2050, and it has developed a range of policies and programs to support this goal.

    One of the key areas where the government is focusing its efforts is in the area of corporate energy. The government is working with businesses across the state to help them reduce their carbon footprint and transition to renewable energy sources. This includes providing support for businesses to implement energy efficiency measures, such as upgrading their lighting and heating systems, as well as investing in renewable energy technologies such as solar and wind power.

    To support the transition to renewable energy, the State of New South Wales has also developed a corporate power purchase agreement (PPA) program. This program allows businesses to purchase renewable energy directly from generators, providing a stable and predictable source of renewable energy at a competitive price. The program has been successful in attracting a range of businesses across the state, including major corporations and small and medium-sized enterprises.

    In addition to the PPA program, the government has also established a renewable energy target of 50% by 2030. This target is designed to drive investment in renewable energy infrastructure across the state, creating new jobs and reducing emissions.

    The State of New South Wales has also developed a range of policies and programs to support the decarbonisation of the transport sector. This includes investing in public transport infrastructure, promoting the use of electric vehicles, and supporting the development of alternative fuels such as hydrogen.

    Overall, the State of New South Wales is committed to the decarbonisation of the state's economy and is taking a proactive approach to supporting businesses and individuals to transition to renewable energy sources. Through its policies, programs, and partnerships with the private sector, the government is driving investment in renewable energy infrastructure and supporting the development of a low-carbon economy.

    ✓ Current offtaker under Corporate PPA's