Australian landholders will have more insight and ownership of the renewable energy potential of their land thanks to a project set to receive $500,000 in funding from the Australian Renewable Energy Agency (ARENA).
The project, being delivered by RELA Australia Pty Ltd (RELA), will build on their existing product, creating an improved software tool that provides clear, independent information to assess the potential of wind and solar energy generation on regional land. With the inclusion of additional data points, such as the ability to include farm plans while using the tool, this will allow landholders to determine the potential income of renewable energy generation assets on their land and be better equipped to negotiate agreements with renewable developers.
ARENA Chief Operating Officer, Chris Faris, said that collaboration and partnership is key to realising Australia's net zero goals, especially in rural and regional Australia.
"This software will empower Australian landholders to make informed decisions about participating in the clean energy transition. By understanding the renewable energy potential of their land, they will be better equipped to engage and negotiate with renewable energy developers to get a better deal and a fair share of the income benefits from the clean energy projects that are critical to Australia's net zero future," said Mr Faris.
"This project can help further assist landholders understand the potential for new income streams from their land, giving them a greater stake in the clean energy transition on their own terms."
ARENA recognises that the clean energy transition relies on cooperation between industry, government and local communities. Projects such as RELA's software ensure the transition is about more than just consultation; it's about giving Australians real agency over their involvement in the transition. Through the upgrades to this tool, Australian farmers and landholders can take more control, ensuring renewable energy projects and developments occur in a way that benefits both communities and investors.
Chief Product Officer at RELA, Stuart Gourley said that RELA Assess gives landowners independent insights into the renewable energy potential of their land, helping them understand their options and empowering them to proceed with confidence.
"With support from ARENA, we are strengthening RELA Assess to provide additional data, automated assessments to more landowners and farm planning tools that support the coexistence of farming and renewable energy. These enhancements will be guided by a Stakeholder Reference Group established by the Project representing the various stakeholders, including agricultural peak bodies, government and First Nations organisations, and will help landowners gain clearer insights to more fully understand the potential and opportunity costs of a renewable energy project on their land. By improving transparency and decision-making, RELA Assess continues to support landowners in the clean energy transition".
It is expected that the tool will be available later this year. For more information visit ARENA's project page https://arena.gov.au/projects/
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