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  • Writer's pictureBy The Financial District

SYDNEY NOW RUNS ON RENEWABLE ENERGY

Central Sydney, Australia is now entirely powered by renewable energy, according to Euronews.

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By using locally sourced clean energy from wind and solar farms in New South Wales, the region will now see CO2 emissions reduced by around 20,000 tonnes each year. The move will save an estimated A$500,000 (€308,000) per annum over the next decade.


The City of Sydney is one of Sydney’s central boroughs and includes the central business district (CBD) and many inner-city residential areas too. The City is home to around 250,000 people who will benefit from green energy.


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All the City’s operations, including street lights, swimming pools, council buildings, and even the historic Sydney Town Hall, will run off entirely renewable sources. This is the biggest green energy deal in Australia’s history, with a value of over A$60 million (€37m) overall.


“Cities are responsible for 70 percent of greenhouse gas emissions worldwide, so it is critical that we take effective and evidence-based climate actions,” stated Sydney Lord Mayor, Clover Moore.


The change is set to generate more jobs, particularly for communities impacted by the coronavirus crisis.


“This ground-breaking $60 million renewable electricity deal will also save our ratepayers money and support regional jobs in wind and solar farms in Glen Innes, Wagga Wagga, and the Shoalhaven,” Moore added.



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