The transition to renewable energy is critical for a more sustainable future, and high demand users such as heavy industry and utility providers hold the key to achieving this goal. But, making the shift poses several challenges, such as developing effective demand management strategies, assessing risks and benefits, and evaluating the impact on the electricity network.
In response, a new research project by RACE for 2030 Cooperative Research Centre, RMIT, Coliban Water, C4Net, Sydney Water and Monash University has been launched to investigate demand management and energy trading strategies, that support renewable adoption for high demand users, benefitting all stakeholders.
The ‘Energy flexibility for water corporations’ project addresses issues including demand management strategies, impacts on electricity networks as well as the risk and benefits for relevant stakeholders develops practical demand management and energy trading strategies that facilitate renewable energy adoption provides a roadmap for the successful transition of high demand users to net zero carbon emissions.
The project will conduct a case study alongside the water utility corporations’ aim of achieving net zero carbon emissions by 2030. The outcomes will provide insight into the practical and effective strategies for transitioning to net zero carbon emissions.
This research project will support Coliban Water in achieving their renewable energy targets to cost-effectively reduce greenhouse gas emissions and energy consumption. It will also investigate the feasibility of models of demand management that benefit stakeholders including electricity network owners and surrounding communities.
The project represents a significant step forward in the transition to a more sustainable future and will provide valuable insights for stakeholders in the renewable energy sector, particularly in the water sector.
Rebecca Yang, Research Lead, RMIT is proud to be part of an initiative that seeks to tackle the dual challenges of carbon reduction and energy flexibility.
“Water utilities play a vital role in local communities, but they also generate significant greenhouse gas emissions. Our project aims to explore the potential of a novel energy structure that harnesses communities’ renewable generation capacity to reduce these emissions and improve the energy flexibility of water utilities. By working together with the industry partners, we can build more sustainable water infrastructure for everyone.”