Description of Conduct
On 31 January 2023, the ACCC received an application from 1Circle Pty Ltd seeking authorisation for current and future organisations that will form the Business Renewables Buying Group (the Group). The Group seeks to establish a joint renewable energy buying group to pool their electricity demand and conduct a joint procurement and negotiation process for the supply of electricity from a renewable energy project or projects connected to the National Electricity Market.
On 1 March 2023, the ACCC granted interim authorisation to enable the Group to initiate the joint electricity procurement process, prior to the ACCC’s final determination.
On 29 March 2023, the ACCC issued a final determination granting authorisation for a period of 11 years, until 20 April 2034.
The copy of the ACCC’s final determination is below.
Applicant(s)
- 1CIRCLE PTY LTD
- APRIL SUN FARMS PTY LTD
- ANGLICARE VICTORIA
- JARDAN AUSTRALIA PTY LTD
- MELBOURNE CONVENTION & EXHIBITION TRUST
- AUSTRALIAN CATHOLIC UNIVERSITY LIMITED
- UNITING (VICTORIA AND TASMANIA) LIMITED
Applications
| Document title | Date | |
|---|---|---|
| Application |
Decisions
| Document title | Date | |
|---|---|---|
| Final Determination | ||
| Draft Determination and Interim Authorisation Decision |
Consultations
ACCC correspondence
| Document title | Date | |
|---|---|---|
| ACCC to Interested Parties re Final Determination |
Submissions - before draft decision
| Document title | Date | |
|---|---|---|
| Applicants – Clarification |