SBS, an Australian broadcaster, announced that it has signed a 10-year power purchase agreement (PPA) with ZEN Energy for renewable energy.
ZEN Energy will supply SBS’s New South Wales and Victoria-based operations with 100 per cent renewable energy over the next 10 years with Large-scale Generation Certificates (LGCs) uniquely paired with the 226.8MW Collector Wind Farm in NSW.
According to the PPA signed, ZEN Energy will provide SBS’s New South Wales and Victoria-based operations with 100% renewable energy over the next 10 years.
The deal also involves “Large-scale Generation Certificates (LGCs) uniquely paired with 226.8 MW Collector Wind Farm in New South Wales”.
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SBS Head of Sustainability, Abigail Thomas, said, “This 10-year agreement with ZEN Energy through wind power ensures that SBS’s commitment to carbon reduction is not just a short-term initiative but a long-term strategy. By securing a decade of 100% renewable energy, we are taking significant steps towards our Net Zero targets and demonstrating our dedication to sustainability efforts and innovation in Australia’s media sector.”
She added, “SBS has set the most ambitious target of any Australian media outlet, to reach Net Zero across scope 1, 2 and 3 emissions by 2045. SBS has also partnered with Scope3 to measure emissions from advertising technology, affording advertising clients greater transparency of carbon emissions from their advertising campaigns.”
The first Australian media organisation to transition to 100% renewable energy in FY23. The SBS-ZEN Energy partnership gives SBS price certainty and sets forth a model for decarbonising the media industry.