Examples of BAU in a sentence
Their analysis compared three products over 5.5 years: • BAU Black - comparable to Council’s Business As Usual (BAU); • BAU + Green Power (includes ongoing purchase of grid-supplied electricity plus renewable energy certificates under a series of short-term contractual arrangements to help meet Council’s Net Zero by 2030 target); and • the VECO 2.0 offer (100% renewable energy under a long-term contract backed by nominated projects).
It is assumed that Council will seek to meet its emissions targets in some form over the next 5-6 years, therefore the most pertinent comparison is between BAU + Green Power and VECO 2.0. While Council could continue to utilise BAU Black, this scenario would not enable Council to meet its net zero target due to the continuing purchase of electricity with a high carbon emissions content due to the dominance of coal in the supply mix.
Electricity product comparisons Offer Council’s Current AGL Contract BAU Black BAU + Green Power VECO (Red Energy Offer) Current (Xxxx Council) Practice Helps meet Xxxx Net Zero Target by 2030 Approx.
The effectiveness of the model is illustrated in the above table where the VECO price outcomes are the same under the medium and slow pace transition scenarios, compared to a approximately 18% increase under the BAU + GreenPower option under the slow pace scenario.
This forecast assumes Council will continue with its BAU Black scenario over this period and includes annual increases of approximately 2.5-5.0% over this period.