The City of Melbourne's Melbourne Renewable Energy Project and the Victorian Energy Collaboration (VECO) demonstrate the economic and environmental advantages of aggregated energy purchasing.
Adapting these sample principles for private sector participation, the Business Renewables Buying Group (BRBG) gave participating businesses access to cost stability, lower emissions and stronger energy market engagement.
HIP V. HYPE was engaged by the City of Yarra, on behalf of participating councils, to evaluate the impact of the past three years of the BRBG and unpack lessons, successes, challenges and barriers.
Business Renewables Buying Group
Reports & Disclosure
Context
HIP V. HYPE established a matrix to evaluate the program based on Financial, Technical, Environmental and Social criteria. The evaluation sought to identify opportunities to improve how the program is delivered and broaden the pathway for future business participation.
- Best practice review including desktop analysis and industry consultation
- Developed a multi-criteria evaluation framework
- Identification of key recommendations and advice for future opportunities
- Clear and thorough analysis
- Actionable recommendations list to ensure the ongoing success of the program