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25 BY
BY
252525
Beach Energy has announced a Strategies may include processes
new five-year target to reduce to reduce the use of flaring, augmenting certain
absolute emissions from its activities at Beach facilities with renewable energy,
and supporting our JV partner Santos in its
operations by 25% relative to proposed Carbon Capture and Storage project
FY18 benchmarked levels. in the Cooper Basin.
Ultimately, Beach remains an oil and gas company
While natural gas will continue to be a key partner and we are proud of this – but our Purpose is to
to renewable energy in a low carbon future, provide energy to communities in a way that is
comparatively our industry remains emissions sustainable – and our new 25 by 25 target is an
intensive. 25 by 25 is about ensuring we look important step in this direction.
at all possible ways to reduce emissions from
our operations, leaving no stone unturned. A
corresponding emissions intensity reduction of 13%
1
is expected over this period.
FY21 Emissions Reduction Projects
Flare and vent Bauer Hybrid Renewable Leak Detection and
management Project Repair Program
Beach will implement Beach will be performing Beach will implement
initiatives to reduce the further study, design, a program across all
need for flaring across construction and gas assets to detect
operational sites. This preparatory work for the and eradicate potential
includes flare minimisation Bauer Hybrid Renewable leakage points. This will be
during shutdown Project which will deliver delivered though the usage
and start-up situations as energy supply to the field of world-class equipment in
well as the optimisation through a combination of this space.
of purge and pilot gas Wind, Solar, Battery and
scenarios. Diesel generation.
1 Volume of emissions per unit of production
4
Beach Energy Sustainability Report l October 2020