World Grain - July 2018 - 58
FEATURE: AUSTRALIA'S POWER STRUGGLE
prised their focus is largely on the
variable power price.
"We've had to deeply understand
focused our investment and operations on ensuring our demand rates
are stable," Cobb said. "We've pret-
ty much achieved that, so the issue
just comes back to energy price."
In March 2018, CBH announced
its company-wide target to install
one megawatt of renewable energy
generation in the business by 2019.
John Cairns, special projects manager at CBH, said the main driver
for the commitment was to reduce
the business' carbon footprint.
"Since 2015, we have installed
solar panel generators at CBH
facilities in Avon, Merredin and
Geraldton," he said. "The results of
this initiative have been really encouraging. The solar power generators produce around 300,000 kilowatts of energy annually and have
an anticipated lifespan of 25 years.
We estimate that with CBH's other
energy saving initiatives, we've
created around $3 million in savings across the business."
But the objective is also about reducing greenhouse emissions. CBH
measures its carbon intensity levels
by dividing its total carbon emissions in CO2 equivalent tonnes by
the harvest size (also in tonnes).
"I'm pleased to say CBH was able
to generate a 16% reduction (from
the previous year) in its carbon inWHQVLW\ PHDVXUH IRU WKH ¿nancial year," Cairns said.
He added CBH was pleased with
its progress toward a sustainable
energy future, but business still has
a long way to go.
On the East coast, GrainCorp has
raised the prospect of looking at
energy costs in its operations. The
company's CEO, Mark Palmquist,
was asked at the annual general
meeting last February if there was
a strategy to manage rising costs.
Palmquist said the business faced
an additional A$9 million in energy
costs across both its malting and
oilseed processing operations.
Unlike CBH's investment in renewable energy, GrainCorp could also
manage these price increases by
looking offshore to countries that
had low energy costs and reliable
water supplies, although he pointed
July 2018 / World Grain / www.World-Grain.com