CLEAN ENERGY AND INFRASTRUCTURE: PATHWAY TO AIRPORT SUSTAINABILITY
Published Wed 26 Feb 2020
The smooth operation of Australia’s major infrastructure assets is vital to our nation’s economic wellbeing, as well as our ability to achieve significant reductions in our greenhouse gas emissions.
The CEFC has a particular focus on working with infrastructure asset investors, owners and operators. Our goal is to accelerate the achievement of lower emissions outcomes for these long-lived assets.
Across the infrastructure sector the emissions challenge is clear, and the potential benefits considerable: ClimateWorks Australia estimates that around 70 per cent of Australia’s emissions can be influenced by infrastructure projects.
We see significant opportunities to reduce these emissions, using a broad range of clean energy technologies and operating practices which can also lower energy use and lift productivity.
Airports are complex infrastructure assets, with the implementation of new emissions- reducing initiatives typically requiring endorsement from multiple stakeholders. A lack of information or awareness of clean energy opportunities can be a major barrier to the required investment.
Clean energy and infrastructure: Pathway to airport sustainability helps bridge this gap, providing practical information for asset owners, operators and investors.
Of the 15 best practice initiatives discussed in this report:
- More than half address Scope 1 emissions
- The total capex for 70 per cent of these initiatives is less than 0.5 per cent of the total asset value.