Orora will source almost all of its electricity from wind power as of next year, thanks to a power purchase agreement with the Lal Lal wind farm.
When combined with the Clements Gap wind farm in South Australia, Lal Lal will enable Orora to obtain 80 per cent of its total energy requirements from renewable sources.
This is increasingly important for the company, according to Nigel Garrard, managing director and CEO of Orora.
“Orora is a strong supporter of renewable energy in Australia and the 10 year power purchasing agreement with the Lal Lal wind farm provides our business with greater price certainty over the long term,” he said. “To our knowledge, this is one of the first base load renewable deals in Australia.”
The Lal Lal project, slated for completion in 2018, will comprise two sites at Elaine and Yendon in Victoria.
The power purchase agreement will allow Orora to lock in the cost of attaining baseload green energy.
“Energy price certainty and continuity of supply is a critical consideration for an energy intensive business like Orora,” said Garrard.
“From our perspective, renewable energy represents a competitively priced and sustainable energy source that will safeguard supply for our Australian operations.”