Potential offtaker

Carnarvon Energy Ltd

www.carnarvon.com.au

Estimated electricity consumption

N/A

Countries of production presence

N/A

Carnarvon Energy Ltd is an Australian company that operates in the Exploration & Production sector. The company is focused on the exploration, development, and production of oil and gas resources in Australia. Carnarvon Energy Ltd has a strong commitment to decarbonisation and renewable energy, and is actively pursuing initiatives to reduce its carbon footprint and increase the use of renewable energy in its operations.

Decarbonisation is a key focus for Carnarvon Energy Ltd. The company recognizes the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. To this end, Carnarvon Energy Ltd is committed to reducing its carbon footprint by implementing a range of measures to reduce emissions from its operations. These measures include the use of renewable energy, energy efficiency initiatives, and the adoption of low-emission technologies.

One of the ways Carnarvon Energy Ltd is reducing its carbon footprint is through the use of renewable energy. The company is committed to increasing the use of renewable energy in its operations, and has set a target to source 50% of its energy from renewable sources by 2025. To achieve this target, Carnarvon Energy Ltd is investing in renewable energy projects such as wind and solar farms, and is also exploring the use of biofuels and other alternative energy sources.

Corporate energy is another area of focus for Carnarvon Energy Ltd. The company recognizes the importance of managing its energy use and costs, and is committed to implementing energy efficiency initiatives to reduce its energy consumption and costs. These initiatives include the use of energy-efficient lighting and equipment, the implementation of energy management systems, and the adoption of best practices in energy management.

Corporate power purchase agreements (PPAs) are also an important part of Carnarvon Energy Ltd's energy strategy. The company is actively exploring the use of corporate PPAs to secure long-term renewable energy supply and reduce its exposure to volatile energy prices. Corporate PPAs allow companies to purchase renewable energy directly from generators, providing a stable and predictable source of energy at a fixed price.

In addition to its focus on decarbonisation and renewable energy, Carnarvon Energy Ltd is also committed to responsible resource development. The company is committed to operating in a sustainable and responsible manner, and is actively engaged in community consultation and engagement to ensure that its operations are aligned with community expectations and values.

Overall, Carnarvon Energy Ltd is a company that is committed to decarbonisation and renewable energy, and is actively pursuing initiatives to reduce its carbon footprint and increase the use of renewable energy in its operations. The company's focus on corporate energy, corporate PPAs, and responsible resource development make it a leader in the Exploration & Production sector, and a model for other companies to follow.

✓ Declared Net Zero commitment