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PAREP And Olympic Dam Set To Partner Up

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BHP’s Olympic Dam is expected to enter into a partnership with PAREP in an effort to reduce its emissions to zero for 50 per cent of its electricity consumption by 2025.

BHP is set to become the primary customer of the new renewable energy facility in Port Augusta in July next year, once it becomes operational.

BHP Olympic Dam Asset President, Jennifer Purdie, says, “Olympic Dam’s copper has an important role to play to support global decarbonisation and the energy transition as an essential product in electric vehicles and renewable infrastructure. Reducing emissions from our operations will further enhance our position as a sustainable copper producer.”

Iberdrola Australia Chief Executive Officer and Managing Director, Ross Rolfe, says, “Olympic Dam is to be the primary customer for the Port Augusta Renewable Energy Park, a demonstration of their commitment to local procurement and sustainable economic development.”

The renewable energy supply arrangements will include a retail agreement with Origin Energy, who will facilitate the arrangements which are intended to commence on July 1, 2022.

South Australian Minister for Energy and Mining, Dan Van Holst Pellekaan, says “The Marshall Government welcomed the arrangements as yet another step on South Australia’s pathway to cleaner, cheaper electricity for industry, businesses and households.”

This announcement follows BHP’s entry into renewable energy agreements for BHP’s operations in Western Australia in 2021, Queensland in 2020 and in Chile in 2019.

Photo by Karsten Würth (➡️ @karsten.wuerth) on Unsplash