Policy

Mt Gellibrand wind farm to help power Geelong oil refinery

Published by

Geelong fuel refiner and retailer Viva Energy will source around one-third of its annual energy needs from locally generated renewables, through a power purchase agreement with one of Victoria’s largest wind farms, the 132MW Mt Gellibrand.
Viva – which supplies around one-quarter of Australia’s liquid fuel needs, and is the exclusive licensee of Shell in Australia – said on Tuesday that it had signed a PPA with the wind farm’s owner operator, Acciona, to source around 100GWh of electricity a year, for an undisclosed price.

The two companies said the off-take deal, while only announced this week, was secured and underway in January – supplying the Corio refinery with wind power from the nearby Mt Gellibrand, where the first of 44 turbines started spinning last June.
In a statement on Tuesday, Viva Energy chief Scott Wyatt said access to reliable and affordable electricity was critical for the refinery’s operations.

Acciona’s Brett Wickham and Viva Energy’s Thys Heyns. Image: Supplied

“Over the last few years the cost of electricity supply in Victoria has more than doubled and has become increasingly subject to pricing spikes due to weather and reliability events causing disruptions to generation and supply,” he said.
“Our research has shown that renewable energy is very competitive with existing sources of generation and can be a viable and sustainable part of the energy mix for a business like ours.
“This agreement with Acciona is a win-win outcome for us both as it helps lock in a stable electricity price over the long term, while supporting a local renewable energy source not far from the refinery.”
Acciona Energy Australia managing director Brett Wickham also welcomed the PPA.
“Companies like Viva Energy understand the value alternative energy supply solutions, such as this wind-backed corporate PPA, offer in reducing electricity price volatility and costs,” he said.
Construction of Acciona’s $258 million Mt Gellibrand wind farm was fast-tracked in 2017 through an early Andrews government tender designed to reboot renewables investment in the state, and side-step a capital strike by major utilities.
At a turning of the sod ceremony at the wind farm’s site in April 2017, Acciona managing director Andrew Thomson said the company expected to see Mt Gellibrand “pouring” clean energy into the grid within about 15 months, it time for booming demand for renewable power generation.

This post was published on February 19, 2019 1:07 pm

Share
Published by

Recent Posts

Will Victoria’s ‘one-stop-shops’ overcome the hurdles facing household electrification?

An update on how Victoria's State Electricity Commission is rolling out their one-stop-shops for home…

December 23, 2024

Solar Insiders Podcast: A roller coaster year in review – and the keys to a smoother 2025

In our final episode for the year, SunWiz's Warwick Johnston on the highs and the…

December 20, 2024

“Nightmare:” Energy tariffs that are blowing out bills, blindsiding consumers

Regulator report finds that little-understood but increasingly common demand tariffs can add up to $800…

December 20, 2024

Hidden cost of rooftop solar? Actually, networks spend next to nothing on managing exports

Have you heard the one about non-solar homes paying the cost to networks of accommodating…

December 19, 2024

With just $500 of rooftop solar modules, you could charge your EVs for 20 years

Four good quality solar panels - costing around $500 - would produce enough power for…

December 19, 2024

“It makes no sense:” How fossil gas industry is blocking electrification and consumer savings

The gas war still burns: “We need to think about how to stop misinformation going…

December 17, 2024