Expanding Australia’s Green Energy with REGOs

Australia is advancing its commitment to sustainable energy with the introduction of a new credentialing system, known as REGOs, set to launch in 2025. These Renewable Energy Guarantees of Origin will complement the established Large-scale Generation Certificates (LGCs), offering recognition to a broader range of clean energy producers.

Currently, LGCs serve as a marker of renewable energy production for larger-scale projects, yet many valuable sources of renewable energy remain unrecognized. REGOs aim to bridge this gap, acknowledging the contribution of small and international renewable energy operations.

Uniquely, REGOs have the capacity to represent incremental energy contributions from smaller producers. This approach is pioneering and calls for meticulous development of tracking and valuation methods for REGOs. The goal is to ensure a diverse and equitable representation of all renewable energy contributors in the market.

As Australia looks to a future where clean, renewable energy is paramount, REGOs stand to play a pivotal role in increasing the availability and recognition of renewable energy contributions across the nation.

This is a summary article from Edge2020 – read the original article.

Looking to reduce your business’s energy expenses without any extra cost? Edge Utilities makes it possible through collective purchasing, which enables you to unlock substantial savings. Our focus is on empowering SMEs like yours by fetching the most competitive rates available. You can get in touch with us by emailing us at save@edgeutilities.com.au or calling us at 1800 334 336. Start saving today with Edge Utilities!

The Future of Heating in Victoria: Embracing Heat Pumps

In a world where sustainable energy solutions are imperative, countries and regions are devising varied strategies to meet their energy demands while also aligning with environmental considerations. While the UK has chosen to explore new oil and gas fields, Victoria is steering towards a more sustainable and eco-friendly path, evidenced by its recent decision to prohibit new gas connections in residential homes and government infrastructure.

The pivotal question that arises from this policy change is straightforward: With the cessation of gas, what’s the best alternative for Victorians to stay warm without overburdening the electrical grid?

The solution that has emerged as a frontrunner is the heat pump. Unlike traditional heating systems, heat pumps do not generate heat; instead, they transfer it. Analogous to an air conditioner operating in reverse, these devices extract ambient heat from the environment and amplify it to warm our homes. Notably, their efficiency is commendable. Heat pumps can produce up to 3.5 times the amount of energy they consume, making them a highly cost-effective alternative to gas boilers.

The Victorian government has recognized this potential and is actively promoting the transition. A fund has been established to support the electrification of new homes, with a significant focus on integrating heat pumps. However, the journey isn’t devoid of challenges. Balancing the increased demand on the electrical grid, factoring in rising electricity prices, and ensuring consistent supply are issues that need meticulous planning.

In summary, while the move away from gas represents a significant change for Victoria, innovations like heat pumps provide a promising and efficient alternative. As the state progresses in this direction, the vision of a sustainable, eco-friendly future becomes increasingly tangible.

This is a summary article from Edge2020 – read the original article.

Save Big on Energy with Edge Utilities! We’re your experts in tapping into the strength of bulk purchasing, aiming to significantly cut down your energy costs without any added expense to your business. Committed to assisting SMEs, we’re here to source the best rates for you.
Eager to see a noticeable difference in your energy bills? Reach out to us at save@edgeutilities.com.au or give us a ring at 1800 334 336. Let’s start your journey to effortless savings!

Is your business ready to be part of the Brisbane Olympics 2032?

Brisbane Olympics 2032 Precinct

Brisbane 2032 International Olympic Committee (IOC) have called for businesses to be “Brisbane Olympics 2032 Ready” but what does this mean for your Business Energy?

As we countdown to the Brisbane 2032 Olympics, action towards creating Australia’s first net zero carbon region has commenced with the launch of the Brisbane 2033: Legacy Project. This project outlines a policy and framework of SMART goals across the key themes of Connected, Creative, Equitable and Enterprising with the goal to achieve a Climate Positive Games and positive legacy for the region.

“In 2032, the eyes of millions of people will be in our homes, what do we want them to see?” John Coates AC, President of Australian Olympic Committee.

The Queensland Government has indicated that all business intending to be a part of the Brisbane Olympics 2032 will be required to meet the net zero carbon goals and the Games’ procurement rules on zero emissions and zero waste.

So how can you become Brisbane 2032 Olympics Ready and be a part of Australia’s first net zero carbon region?

Our team of energy experts at Edge Utilities have outlined three key ways below.

3 ways to show your business’s commitment to a Climate Positive Games with Edge Utilities.

 

  1. Reduce your carbon emissions.

Taking action to reduce carbon emissions is a crucial step in preparing for the Brisbane 2032 Olympics. There are various effective approaches to achieve this goal. These include conducting equipment assessments, upgrading to energy-saving infrastructure, implementing solar panels, integrating smart technology, and adopting energy-efficient lighting solutions.

By implementing these strategies, businesses can make significant strides towards Brisbane 2032 Olympics readiness while actively contributing to a sustainable future.

  1. Purchase green energy.

Simply purchasing green energy is another great way to show your Climate Positive commitment to the Brisbane 2032 Olympics. Edge Utilities can work with you to secure cost effective energy procurement from renewable resources, such as solar, wind and hydro. We do the administrative work for you, ensuring reliable secure energy for your business whilst, managing cost and reducing your emissions through green purchasing.

As part of our comprehensive services, we can guide your business in exploring energy procurement and generation options, including energy carbon offsets, enabling you to make informed decisions towards sustainable and low-carbon operations. We are deeply committed with renewable energy, which play a critical role in preparing for a Climate Positive Olympics.

One of our key offerings is the facilitation of Power Purchase Agreements PPAs powered by Edge2020. Power Purchase Agreements allow businesses to procure energy from renewable sources such as solar, wind, and hydropower at fixed, predictable costs. This approach is particularly advantageous for small to medium-sized businesses, providing a cost-effective path to lower carbon emissions and fostering growth within the renewable energy sector.

Learn more about Power Purchase Agreements.

  1. Join a renewable energy portfolio.

A renewable energy portfolio can open a wealth of opportunities for your business and goes beyond simply securing renewable power. By joining a power portfolio, you will benefit from the power of bulk purchasing, yielding cost advantages not usually accessible to individual businesses and mitigating price fluctuations. Edge Utilities offers individual businesses the opportunity to apply for a renewable energy portfolio through our Edge Utilities Power Portfolio (EUPP).

When businesses join the Edge Utilities Power Portfolio, they gain access to the kind of purchasing power that is typically only available to larger portfolios. This opens the door to custom-made electricity contracts, providing an essential tool for businesses aiming to achieve net zero emissions. Edge Utilities Power Portfolio serves to remove obstacles for Australian businesses, making the goal of 100% renewable electricity within their contracts a more achievable reality. This not only supports environmental initiatives but also echoes the sustainable business strategies akin to the values championed by global events like the Brisbane 2032 Olympics.

Discover more about the Edge Utilities Power Portfolio.

Edge Utilities has a climate active registered consultant, and it’s powered by Edge2020. Gain access to tailored energy solutions, green energy experts, risk management and emission reduction strategies designed to secure your energy procurement, mitigate fluctuating energy prices, and go for green and gold!

 

Connect with us today.

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Councils working towards net zero

Local council area business

Enabling green power purchasing for your business community

Enabling the purchase of green power through a portfolio arrangement can be a powerful tool to support councils in their commitments towards emission reduction.  Working with your business community to encourage  them to purchase their power responsibly through a collective effort is the answer to reaching your council’s net zero goals. But where do you start with the administration and negotiations for such an arrangement?

Connecting businesses to a portfolio to buy green energy is easier than you would think.

Energy procurement specialists like Edge Utilities are adept at using the power of bulk purchasing to help businesses achieve goals, such as ensuring they are buying green electricity, and it can also lead to savings in many cases. In addition to sourcing energy through sustainable suppliers, they will negotiate and contract on behalf of the businesses, and by having support from a consultant who can take an aggregated portfolio approach widens the opportunity for those businesses to define and meet their desired outcomes.

So how can this be rolled out across a council or community with thousands of businesses?

Using the council’s connection to all the businesses in an area and great communication you can work with a businesses like Edge Utilities to encourage business owners to purchase their power through the portfolio aggregation arrangement. This will enable the majority of the jurisdiction to be buying green power, with the joy of someone else managing the administration through a custom built portal, or in some cases with a little marketing budget a microsite, branded as a council initiative.

Each business will still have their own contracts and power bills, but by joining the portfolios to a large proposition, they can tap into the benefits of buying renewable energy and potential savings through bulk purchasing.

Why do it?

One word, emissions. Collectively the businesses in a council area would be responsible for a large percentage of the emissions in the area,  and due to government legislation, most councils will have committed to reducing those emissions.

Setting up the opportunity for businesses to make an easy transition to purchasing renewable power in your council area will certainly support emission reduction goals.

The benefits are:
  1. Emission Reduction: Encouraging renewable energy procurement for the businesses in that area, can enable councils to actively reduce their carbon emissions.
  2. Simplicity: Having expert energy providers manage it on your behalf allows businesses within your constituent access to an easy option to know they are buying green energy, as well as have the contractual admin managed by someone else.
  3. Education: Offering a service like this to the businesses in your council area through a specially designed portal, will give you the opportunity to educate your community on energy consumption.
  4. Potential cost savings: The more businesses that join the portfolio the more opportunity portfolio managers have to make potential savings on energy through bulk purchasing.
  5. Demonstrating Leadership: By providing an easy to use, admin free opportunity for local businesses to move to green power, councils can demonstrate their commitment to sustainability and set an example for other organisations to follow.

How to do it – The portfolio model

Energy partners like Edge Utilities  work with councils to help communicate with the businesses in the area and enable the switch to green through a customised portal, to sign up to join the portfolio. The actual contracts are held individually by each business, they will all receive their own bills.

There is no cost for the re-contracting service, much like mortgage brokers there is no out-of-pocket cost to the council or individual businesses for the use of our services. We are remunerated by the retailers we set up the contracts through, making it a win win situation for emission reduction goals, potential savings for the businesses and the opportunity for the Edge Utilities Power Portfolio (EUPP) to grow.

The council’s job therefore becomes purely engagement and education, notifying businesses that they have created the opportunity for a simple switch to contribute towards your net zero goals by joining the portfolio.

Overall, communities purchasing renewable energy through a power portfolio can provide a cost-effective and reliable way for councils and business communities to transition to net-zero emissions and contribute to a more sustainable future.

 

The team Edge Utilities are passionate about renewables and sustainability, we are energy brokers with an eye on the planet. We are committed to helping councils and business communities reach their net zero goals through renewable power purchasing agreements (PPAs) and smart portfolio management.
To discuss options and plans for your community contact us at save@edgeutilities.com.au  or call us on 1800 334 336 to discuss.