BMA set to operate with 100 per cent of electricity needs under renewable power arrangements

BHP Mitsubishi Alliance (BMA) assets are set to run under renewable power arrangements for 100 per cent of their electricity needs, following the signing of a new power purchase agreement (PPA) for BMA’s Queensland operations.

BMA has entered into a new seven-year PPA commencing from FY2027 – the third power agreement signed with Queensland’s publicly-owned energy generator and retailer CleanCo – which is expected to allow BMA to meet all of its forecasted electricity needs from sources such as solar, wind and pumped hydro.

The new PPA supports four renewable electricity projects across regional Queensland which have generated more than 1500 local jobs during construction and are expected to create 37 jobs once operating.

Mitsubishi Development Chief Executive Officer, Kenichiro Tauchi said “MDP is very pleased that through this agreement, BMA’s operations will be fully powered by renewable energy.

“It demonstrates what can be achieved when we harness new ways of doing business as we shift into a decarbonized society.

“BMA’s achievement is just one example of how MDP is working towards its goal to reduce emissions”. *

BMA Asset President, Adam Lancey, said: “This agreement is the culmination of years of work. I’m really proud that BMA is going to be powered by 100 per cent renewable energy.

“This is good for BMA and good for Queensland. This agreement is underpinned by four projects which have supported more than 1500 construction jobs and are expected to create 37 jobs once operating, reinforcing our strong support for Queensland’s renewable electricity infrastructure build which is boosting regional and local communities.”

To read the full announcement, please visit BHP.com

Notes:

• The current forecasted electricity demand for BMA’s Queensland operations is subject to change.
• BMA’s 100 per cent electricity consumption under renewable power arrangements will be evidenced through the retirement of large-scale generation certificates (LGCs) and/or through other robust, internationally-aligned mechanisms or methodologies that verify and avoid double-counting in energy origin claims.

  Image: Kaban Wind Farm