BMA to reduce emissions
BMA has signed a renewable power purchase agreement to supply half of its electricity needs across its Queensland coal mines from low emissions sources.
The agreement will help Mitsubishi Development reduce its electricity related Scope 2 emissions at its BMA operations by 50 per cent by 2025, based on FY2020 levels.
The agreement, with the Queensland State Government’s renewable energy generator CleanCo, will run for five years from 1 January 2021.
For Mitsubishi Development’s emissions profile, it will effectively displace an estimated 0.5 million tonnes of CO2e between 2021 and 2025 – equivalent to the annual emissions of around 120,000 combustion engine cars.
The agreement is the first of its kind signed by BMA and will also support the development of new solar and wind farms in Queensland. Over the five-year agreement, power will be provided via the grid, predominantly from a combination of solar, wind, hydro and gas generation.
For the first two years, power will be sourced from CleanCo’s low emissions portfolio which includes hydro and gas generation assets. From late 2022, newly operational solar and wind farms are expected to progressively contribute up to half the electricity supply, with the remainder from CleanCo’s low emissions portfolio.