Australia is in the midst of a seismic change in the way that it generates electricity and powers its cities. Traditionally a producer of coal and natural gas, the transition to renewables has not been easy. Australia is currently the top exporter of thermal coal, but geo-poitical changes and questions of climate change are accelerating the change to renewables and powering innovation domestically.
The City of Sydney recently started to powering all its operations with 100 percent renewable electricity generated from wind and solar farms in the New South Wales (NSW) region. This incorporates all city-owned properties, including approximately 115 buildings such as libraries, community halls and office buildings, 75 parks, five pools and 23,000 street lights, as well as the Sydney Town Hall.
The switch has been made through a ten-year power purchase agreement with Australian retailer Flow Power. Valued at over AUS$60 million (US$37 million), it is understood to be the biggest agreement of its kind by a council in Australia.
The move is forecast to save the City up to $AUS 500,000 a year over the next decade and to reduce carbon emissions by around 20,000 tonnes a year.
“Cities are responsible for 70 percent of greenhouse gas emissions worldwide, so it is critical that we take effective and evidence-based climate actions.” In order to make renewable energy more accessible on a wider scale, plans for Renewable Energy Zones (REZ) are being drafted across Australia. Australia has some of the best renewable energy resources in the world. But access to the places with the greatest potential (renewable energy zones) is being held back by limited network connections.
The REZ seek to address this with investments in pooled renewable energy sources and the means of connecting them effectively via the development of new high voltage transmission lines that could supply the generated power to millions of homes in the region.
One such REZ is in New England, and when commissioned it will be the equivalent size of all the state's coal-fired power stations that New England currently relies on for their electricity. With such potential being unlocked by REZ there is bound to be a shift away from non-renewables in the way that we consumer energy in our homes, offices and cities.
With the electric grid becoming greener, electric heating is becoming the best way to offset greenhouse emissions when heating our homes. This at KOLEDA we have a strong commitment to the Australian market, and will continue to expand our user base in the years to come. At the heart of our mission is the need to provide a heating system focused on the reduction of energy consumption when heating our homes. We achieve this by using infrared technology and through our smart home app that unlocks features such as zonal heating, smart scheduling and cost monitoring.
Our mission has clearly resonated with the Australian consumer as we continue to add record numbers of platform users month on month. If you have any questions on how KOLEDA can help you reduce your bills by lowering energy consumption please get in touch!