Oztek - Cost Reduction Through Solar & Bio-Diesel

location

Barnawartha, VIC

Services used

PV + Bio diesel + PowerXchange

Industry

Manufacturing/Processing

450kW

SOLAR PV

3.3 years

Payback

75%

SAVINGS

Oztek Holdings deployed 450kW of ground mount solar plus a bio-diesel generator to displace expensive grid energy and avoid critical peak network demand charges.

The Challenge

Faced with high energy costs and high demand charges, Oztek Holdings was seeking to displace grid sourced electricity and protect itself from summer critical demand charges.

The Solution

Acacia Energy designed, procured and installed a 450kW ground mounted solar system, a 545 kVA grid-synchronised bio-diesel generator (configured as an embedded generator) and a new main switchboard. Acacia Energy will provide its Generation Services for 7 years whereby we autonomously control the generator to continually achieve the lowest cost electricity for operations.

The Impact

The Acacia Energy renewable energy solution delivers energy savings of 75% through displacing grid sourced energy, avoiding critical peak demand charges and creating new revenue streams. Oztek Holdings' electricity spend over 10 years will reduce by $2 million, with a capital payback period of 3.3 years.

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