Beef processing company Teys Australia reveals plans to develop a $42 million low emissions energy hub (LEEH) at its Wagga facility.
The LEEH will result in the facility being independent with all energy needs to be met by the hub which will provide electrical and thermal energy and free up the available power in the grid, particularly during peak periods.
The announcement follows a two million jump in energy costs in the last financial year.
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Teys Australia chief supply chain officer Tom Maguire said the LEEH will have significant returns for the facility, Wagga and the environment.
“The hub will include baseload bio-generation, solid waste digestion, solar PV, energy storage and biomass boilers to produce steam.
“Together these technologies will provide stable baseload power that integrates with the grid, improving energy security, and reducing emissions,” he said.
Mr Maguire said the region’s farmers will also benefit with the ability to sell farming waste to be used for energy generation.
Teys will fund half the hub’s cost and applying for government funding for the remaining half.