'Visy Paper Reservoir Energy Efficiency Project

Visy Paper Reservoir Energy Efficiency Project is an industrial energy efficiency project located in Reservoir, Victoria, approximately 12km north of the Melbourne CBD. It was registered in May 2015 and, being a facility-based upgrade, operates strictly within the footprint of the Visy industrial plant rather than covering a broad hectare area.

The Industrial Electricity and Fuel Efficiency methodology involves generating carbon credits by reducing emissions from energy consumption at industrial facilities. Standard requirements include establishing a historical baseline of energy usage, implementing quantifiable physical and operational upgrades, and continuously measuring the subsequent reductions in energy intensity to prove a decrease in emissions.

The Reservoir area is predominantly characterized by urban residential and commercial/industrial land use. Environmentally, the northern suburbs of Melbourne experience a temperate oceanic climate with moderate rainfall, and the underlying soils generally consist of the heavy basaltic clays typical of Melbourne's northern volcanic plains.

This project was set up to avoid emissions through targeted electricity and fuel efficiency activities, specifically including lighting upgrades, heating, ventilation and cooling (HVAC) system upgrades, boiler replacements, and the installation of variable speed drives. Contract CAC102017 was initiated in May 2016 and the project successfully completed this contract on March 7, 2023. Over its lifespan, the project has been issued a total of 5,498 Australian Carbon Credit Units (ACCUs).