The project will develop a tool to:
1. Assist in Power Purcase Agreements (PPA) development and improve decision making:
a. Estimate the future costs of different energy and network supply contracts for large energy consumers, building on existing UNSW tariff analysis tools
b. Assess potential on-site renewable energy deployment options in terms of technical and environmental performance and financial viability
c. Explore opportunities for off-site renewables deployment through different possible PPAs, and associated retailer tariffs, building on CRCLCL RP1032
d. Evaluate possible demand-side options to increase the value of both on-site and off-site renewables deployment.
2. Assist in PPA monitoring, to ensure value for energy consumers:
The tool will be applied during the operation of a PPA in order to monitor energy, carbon certificates and financial transactions (using UNSW Facilities’ PPA, on-site renewables and demand management as a case study). The tool will assist large energy consumers, buyers’ groups and local government to reduce their carbon emissions in a cost-effective and low-risk manner.