This year, we shared the stories of some of our most passionate people in our Sustainability Report and Shareholder Review, and asked what ‘good energy’ meant to them.
Origin Portfolio Manager, Sally Bell, says good energy is sustainable energy.
Having started as an analyst seven years ago, Sally now focuses on trading green energy commodities and negotiating solar power purchase agreements.
In a typical day, Sally will engage with counterparties and brokers, buying green certificates to meet Origin’s short-term requirements – one to two years – under various state and federal schemes.
Sally also negotiates Origin’s power purchase agreements, which secure renewable energy supply over the longer term. “This requires working with a developer who plans to build a largescale solar farm, with Origin effectively underwriting the project by buying the renewable output. These deals require input from several different teams across the business to work through the due diligence processes, as they can last for up to 15 years.
“I really enjoy the fact that I can negotiate a deal and within 12–18 months, a physical renewable energy asset has been constructed. Watching the development process is really satisfying.”
Sally says Origin is on track to meet its target for renewables to account for more than 25 per cent of its generation mix by 2020, with the current level sitting at around 13 per cent.
Sally has been instrumental in negotiating a solar farm near Port Augusta in South Australia. The massive 220 MW Bungala Solar Power Project is already online and ramping up to full production.
“What makes this industry so interesting is the advances we have seen in recent years. It’s a wonderful industry to be in, because it’s changing so quickly. You just have to look at the number of largescale solar projects committed to since 2016 – the ramp-up is phenomenal.
“Working in the renewable energy industry is really enjoyable. You get to meet a lot of people who are similarly passionate about what they do. The main purpose of my role is to increase the mix of renewables in our portfolio. I’m genuinely excited that we are moving towards a more sustainable energy future,” said Sally.