Tenders are invited from organisations capable of meeting Port of Newcastle's requirements for Renewable Energy Contracts

Port of Newcastle is a major Australian trade gateway handling 4,600 ship movements and 166 million tonnes of cargo each year.
Its annual trade is worth more than $29 billion to the New South Wales economy, enabling businesses across the state to successfully compete in international markets.

With a deepwater shipping channel operating at 50% of its capacity, significant port land available and enviable access to national rail and road infrastructure, Port of Newcastle will continue to underpin the prosperity of the Hunter, NSW and Australia.
As custodians of the region's critical asset, Port of Newcastle is diversifying its trade as it strives to create a safe, sustainable and environmentally and socially responsible Port for the future.
Port of Newcastle is diversifying its trade to provide new business opportunities and ensure it continues to underpin the prosperity of the Hunter, NSW and Australia.

As Australia's premier energy port, the Port is establishing new trades that will meet future transport and energy demands, whilst also seeking to ensure that the Port itself is a self-sustaining energy hub for its users.
To achieve our goal of diversifying trade in our pursuit to become  a leading energy port, four key diversification opportunities have been identified:
- Newcastle Deep-water Container Terminal
- Liquid Natural Gas (EPIK Newcastle GasDock Project)
- Electric Vehicles
- Hydrogen

Port of Newcastle's Environmental, Social and Governance (ESG) Strategy outlines its commitment to being a good corporate citizen and provides a 20-year road map that support the organisation's Strategic Initiatives. ESG risks and opportunities are incorporated into the overarching business strategy and culture in order to drive long-term value creation.

One of the top three priorities identified in the Port of Newcastle's ESG Strategy is to decarbonise operations. PON is committed to reducing its carbon footprint and supporting its tenants in working towards reducing theirs.

Several actions have been identified that will assist PON in meeting its goals to reduce its carbon footprint. One of those actions is focused on electricity consumption and the Scope 2 emission reduction benefits that can be achieved via the purchase of renewable energy.
PON has in place three embedded networks. These networks are operated by PON covering its facilities and tenant operations in the Carrington, Mayfield and Kooragang precinct areas. PONs current retail contracts for these three embedded networks are due for renewal in October 2020. When PON renew these contracts, it will be seeking to procure the energy from 100% renewable sources.

PON has decided to pursue this action via a retail electricity supply agreement encompassing one or more renewable Power Purchase Agreements (PPAs) to replace its current electricity retail agreement for a term commencing on 1 November, 2020.
The 2019 load of the three embedded networks was around 6.0GWh, though this will increase substantially as PoN's diversification plans, described above, move forward. All offers to consider a pricing mechanism noting potential for significant growth in load over time.