Energy_Efficiency_Upgrades_Nov_2022

Energy_Efficiency_Upgrades_Nov_2022 is an aggregated industrial energy efficiency project registered by Ecovantage Pty Ltd. Unlike land-based carbon projects attached to a specific property, this project operates across multiple jurisdictions, including the Australian Capital Territory, New South Wales, Queensland, South Australia, Victoria, and Western Australia. It was registered on June 26, 2023. The registered postcode 4172 corresponds to Murarrie in Queensland, likely serving as the administrative or primary operational base for the proponent, but the project activities themselves are distributed across various industrial and commercial sites nationwide.

The project operates under the Carbon Credits (Carbon Farming Initiative, Industrial and Commercial Emissions Reduction) Methodology Determination 2021 (ICER). This methodology credits emissions reductions achieved by upgrading or replacing energy-consuming equipment with more efficient alternatives. Specific activities for this project include upgrades to air compression systems, boilers, HVAC units, lighting, refrigeration, and the installation of variable speed drives. By reducing the electricity or fuel required to operate this equipment, the project generates Australian Carbon Credit Units (ACCUs) based on the avoided emissions compared to a historical baseline.

Because this project focuses on mechanical and industrial upgrades within built environments, standard environmental metrics such as rainfall and soil type are not applicable. The performance of the project relies on engineering efficiency rather than biological sequestration. Ecovantage, the proponent, is a well-established energy services company that typically aggregates energy savings certificates (such as VEECs and ESCs) and has set a corporate goal of abating 20 million tonnes of carbon by 2030. This project allows them to bundle multiple equipment upgrades, which might be individually too small to qualify, into a single, viable carbon project.