Monash University has signed an off-take agreement from the Murra Warra Wind Farm in Victoria to help meet its target of achieving Net Zero Emissions by 2030.
Under the deal, Monash will buy the rights to both electricity and large-scale renewable energy certificates (RECs) generated by the wind farm, located near Horsham.
This long-term power purchase agreement (PPA) is part of the 226MW first stage of the project, which is currently under construction and expected to be fully operational in 2019.
The agreement brings Monash into a Telstra-led consortium of electricity buyers established in late 2017.
Head of Telstra Energy James Gerraty welcomed Monash to the consortium.
“Adding Monash to the consortium further strengthens the buying group for the Murra Warra Wind Farm and we welcome them to the project,” Mr Gerraty said.
“We’ll continue to look for ways to use our expertise in this area to help more of Australia’s businesses and organisations meet their energy challenges.”
Building and Property’s sustainable development planner Dr Kendra Wasiluk said the university is committed to facilitating a renewable energy powered future.
“This procurement of off-site renewable energy marks an important step towards our goal of being powered by 100 per cent renewable energy,” Dr Wasiluk said.
“It will reduce our carbon footprint and allow the university to manage its exposure to volatile energy prices.”
Monash’s Net Zero transformation is now well underway with more than 4000 solar PV panels installed across the campuses generating enough clean energy to power 250 average Australian households.
In the past year, more than 6000 light fittings have been upgraded to super-efficient LEDs and all new buildings are eliminating natural gas.
An on-site microgrid is being built at the Clayton campus to help the university control when and how energy is used and support the national electricity grid, during peak times.
“Along with ongoing improvements in energy efficiency, we are electrifying all of our buildings paving the way for Monash to be 100 per cent powered by clean renewable wind and solar energy,” Dr Wasiluk said.