AIA is in active conversations with a private sector consortium. These discussions continue to validate AIA’s approach and solution design. They see clear efficiencies in bringing the RDCs’
commodity-specific carbon research and knowledge together and want to be able to include this type of carbon footprint solution in their own client service offerings.

They are concerned about growers’ lack of preparedness to respond to increasing pressures around demonstrating their carbon footprint and have confidence in a not-for-profit company
like AIA housing the solution and being trusted by growers.

There is acknowledgement that Australia is in a prime position to get this right from the start and avoid the duplication and fragmentation that other countries are now facing.

There were 13 RDCs participating in this phase, involving over 120 interviews across multiple commodities/sectors.
Insights gathered include:
• Many growers are operating mixed enterprises or are keeping that option open to manage risk into the future.
• Concerns include market access, social license, environmental impact.
• Most see a level of reporting required in the near-to-medium future, related to pressure from supply chains, finance or insurance sectors.
• They want the ability to understand and make decisions for their enterprises before regulatory or supply chain pressures intensify.
• Recognition of the need to bring all commodity calculators into one, consistent platform.

These insights speak to the growing importance of and need for the solution approach that AIA is taking.

A Discovery Insights Report, including a specific fishing and aquaculture report, was provide to FRDC in May 2023.

Our project is an “early mover micro project” within SIA’s overarching industry decarbonisation program, where the deliverable is the needs analysis and design for a wave energy microgrid system for Southern Ocean Mariculture, an abalone aquaculture company located in Port Fairy, Victoria.

Throughout this past year, Southern Ocean Mariculture (SOM), AZURA Ocean Technologies (AZURA) and Deloitte Emissions Solutions (DES) have been in early discussion about development of an ocean energy solution to help SOM achieve their decarbonisation goals, reduce their cost of energy and reduce dependency on grid-supplied electricity. These parties have identified the need to analyse SOM’s future energy requirements and develop a novel approach to help them decarbonise through a multi-modal renewable ocean energy microgrid.

Upon learning about AOEG’s proposal to develop an ocean energy/aquaculture program, the leaders of SOM, AZURA and DES enthusiastically offered their participation to co-design a suitable ocean energy microgrid system to meet their needs, under an FRDC funded project. This group of visionary leaders is excited to join the AOEG team in showcasing the work of this proof-of-concept project within the context of the larger SIA Decarbonisation Program, with learnings and application to the broader aquaculture sector.

This project will result in the design for an ocean energy microgrid system that will produce electricity to supplement SOM’s existing grid and/or fossil fuel based energy supply. SOM will help to assess which element of their operation will be used as the basis for initial microgrid design. As a pilot project, this approach enables SOM to evaluate a wide range of issues without high risks and will be considered an incremental step toward building a full-scale off-grid clean energy system for the future.

As an early-mover project within SIA’s decarbonisation program, the following knowledge will be generated for learning and dissemination to the industry.
- Showcase what an ocean energy microgrid system is and its required elements.
- Document the items and factors required to design a suitable microgrid energy system.
- Document the process by which the design is developed.
- Showcase how other offshore or near shore industries could leverage ocean energy microgrids to provide clean electricity for their operations and to help meet decarbonisation targets
- Demonstrate the potential for ocean energy playing a significant role in Australia’s future renewable energy mix

AOEG will collaborate with SIA and the Blue Economy CRC to co-implement industry outreach, communications and other complementary activities within the limits of this first mover energy transition ‘micro-project’.