It has now been over a year since City of Newcastle (CN) made the switch to a 100% renewable electricity supply contract, as one of the first Local Governments in Australia to do so. For those that love energy data, it tells an interesting tale. On New Years Day 2020, CN officially switched over to 100% renewable electricity supply for all its operations, including all of our large sites such as libraries, galleries, administration centres and works depots, over 200 small sites and more than 14,000 street lightst has now been over a year since City of Newcastle (CN) made the switch to a 100% renewable electricity supply contract, as one of the first Local Governments in Australia to do so.

Four days into the contract, we faced a significant test, with chaotic events sending the spot market price to $14,700 per megawatt hour, more than 165 times the previous year spot price average. I covered this event in detail in a previous post here and while we did relatively well out of this singular event, I was more interested to see how we’d track over the long term.

Implementing a 100% renewable electricity contract

To explain briefly how our 100% renewable contract works, CN purchases […]