Tuesday 14 August 2018

Port Fairy, Victoria, plans "smart energy precinct" to half industry power costs

Port Fairy (source: One Step off the Grid) 

A group of local businesses, organisations and community outfits in the coastal town of Port Fairy, Victoria, Australia, is laying the groundwork to develop a multi-million dollar smart energy precinct, to slash community energy costs, cut its carbon footprint, and boost security of supply.

Energy generation technology options being considered include wind, solar, biogas, geothermal and wave energy generation. The team is also weighing up smart energy contracts, microgrids and energy storage options.

Ultimately, the hope is that they can reduce energy costs by up to 50 per cent for local businesses and industries, ensuring that they remain competitive, and support jobs in the region.

Port Fairy is no stranger to renewable energy innovation. In 2015 it became host to the state’s first wave energy project. See in this blog: Wave energy to the electricity grid: new Australian renewable energy projects.

Read More: Victorian town plans "smart energy precinct" to half industry power costs. One Step off the Grid, August 1, 2018.

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