The beginner’s video guide to assessing the value of buying or building your own renewables

One of our clients recently went to market via an Expression of Interest (EOI) to solicit interest from firms and potential partners with building or sourcing large-volume renewable energy to meet a significant fraction of their electricity demand.

We were contracted to review the responses to the organisation’s EOI and provide our recommendations about sourcing large-volume renewables. The requested interest was for two technical options, to build a solar farm on the organisation’s land, or to purchase renewable electricity from other projects – for example from utility-scale wind and solar projects elsewhere in the National Electricity Market.

Energy markets and evaluating EOI responses is complex, so for our final presentation, we were asked to also cover some of the basics to allow the leadership team to understand how we arrived at our recommendations.

When we created the slide deck for this presentation, we thought about how we could best present the underlying information. Pictures say more than words, so we decided to use animations to

  1. explain the fundamentals of the electricity supply chain,
  2. the components of your electricity bill, and the
  3. difference between installing solar behind your meter versus building a large-scale solar farm, versus sourcing renewables from an offsite project.

You can watch the video with our animations here:

If you need help with going to market or with evaluating responses to your EOI, RFT or RFP,  please contact Barbara or Patrick.

Feel free to use an excerpt of this blog on your own site, newsletter, blog, etc. Just send us a copy or link and include the following text at the end of the excerpt: “This content is reprinted from 100% Renewables Pty Ltd’s blog.