Value Adding through Land Management
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
Value Adding through Land Management Corenet Symposium 5 May 2010
What is Tarong Energy generation: Coal fired generator south of Kingaroy – 25% of QLD’s electricity Hydro-electric generator at Wivenhoe – capable of supplying the grid in minutes from a cold start Active mine – feeds coal to Tarong
Investigating alternate fuels such as UCG and algae production to absorb CO2
CoreNet Global Brisbane Chapter Symposium 2010
1
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
Where is Tarong . . . Kingaroy
Chinchilla
How do we fit into the grid (QLD) Trans missio n
Energy Distribution
Through Origin, AGL etc.
$ Generator
CoreNet Global Brisbane Chapter Symposium 2010
National Energy Market
2
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
The subject of my session ¾Portfolio is different from most GOCs ¾Spread over large area - acquired for a range of future operational needs ¾Currently manage approximately 14000ha of rural properties ¾Almost 300 parcels including about 90 residences
How big is that?
If it was amalgamated and placed over Brisbane ...
CoreNet Global Brisbane Chapter Symposium 2010
3
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
The evolution of change ¾ No history of traditional property group ¾ Exponential growth in footprint ¾ Expanding business opportunities and associated office needs ¾ Recognition of need for property professionals ¾ Translation of roles over last 18 months By freeing up resources in operational areas and providing specialist skills in key real estate areas – operationally and strategically. . .
The Three-pronged Approach ¾Portfolio Management ¾Corporate Facility Management ¾Stakeholder Management
CoreNet Global Brisbane Chapter Symposium 2010
4
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
So how does CRE add value to this type of portfolio?
Land Management = Risk Management Planning Property Management Operations Efficiencies By being an independent and accountable focus point for sustainable land use . . .
Portfolio Strategy Lease/ Tenancy Management
Contractor Management
CoreNet Global Brisbane Chapter Symposium 2010
Sustainable Land Use Planning
Risk Management
Community Relations
5
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
6
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
7
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
8
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
9
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
Sheds
CoreNet Global Brisbane Chapter Symposium 2010
10
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
What is a Facility A building by any other name . . . Who should be responsible? Day to day or long-term Control v Governance
By clarifying roles and responsibilities and focusing available expertise for efficient lifecycle management
CRE at the Coal Face ¾ Who are the Stakeholders ¾ Finding the balance (and the consistency) ¾ Being recognised as a legitimate part of the communication machine Supporting and driving key corporate messages around real estate and business strategies
CoreNet Global Brisbane Chapter Symposium 2010
11
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
In summary, CRE at Tarong is adding value through: ¾Freeing up resources in operational areas and providing specialist skills in key real estate areas – operationally and strategically ¾Being an independent and accountable focus point for sustainable land use ¾By clarifying roles and responsibilities and focusing available expertise for efficient lifecycle management ¾Supporting and driving key corporate messages around real estate and business strategies
CoreNet Global Brisbane Chapter Symposium 2010
12
Value Adding through Land Management Corenet Symposium 5 May 2010
What is Tarong Energy generation: Coal fired generator south of Kingaroy – 25% of QLD’s electricity Hydro-electric generator at Wivenhoe – capable of supplying the grid in minutes from a cold start Active mine – feeds coal to Tarong
Investigating alternate fuels such as UCG and algae production to absorb CO2
CoreNet Global Brisbane Chapter Symposium 2010
1
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
Where is Tarong . . . Kingaroy
Chinchilla
How do we fit into the grid (QLD) Trans missio n
Energy Distribution
Through Origin, AGL etc.
$ Generator
CoreNet Global Brisbane Chapter Symposium 2010
National Energy Market
2
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
The subject of my session ¾Portfolio is different from most GOCs ¾Spread over large area - acquired for a range of future operational needs ¾Currently manage approximately 14000ha of rural properties ¾Almost 300 parcels including about 90 residences
How big is that?
If it was amalgamated and placed over Brisbane ...
CoreNet Global Brisbane Chapter Symposium 2010
3
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
The evolution of change ¾ No history of traditional property group ¾ Exponential growth in footprint ¾ Expanding business opportunities and associated office needs ¾ Recognition of need for property professionals ¾ Translation of roles over last 18 months By freeing up resources in operational areas and providing specialist skills in key real estate areas – operationally and strategically. . .
The Three-pronged Approach ¾Portfolio Management ¾Corporate Facility Management ¾Stakeholder Management
CoreNet Global Brisbane Chapter Symposium 2010
4
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
So how does CRE add value to this type of portfolio?
Land Management = Risk Management Planning Property Management Operations Efficiencies By being an independent and accountable focus point for sustainable land use . . .
Portfolio Strategy Lease/ Tenancy Management
Contractor Management
CoreNet Global Brisbane Chapter Symposium 2010
Sustainable Land Use Planning
Risk Management
Community Relations
5
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
6
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
7
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
8
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
CoreNet Global Brisbane Chapter Symposium 2010
9
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
Sheds
CoreNet Global Brisbane Chapter Symposium 2010
10
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
What is a Facility A building by any other name . . . Who should be responsible? Day to day or long-term Control v Governance
By clarifying roles and responsibilities and focusing available expertise for efficient lifecycle management
CRE at the Coal Face ¾ Who are the Stakeholders ¾ Finding the balance (and the consistency) ¾ Being recognised as a legitimate part of the communication machine Supporting and driving key corporate messages around real estate and business strategies
CoreNet Global Brisbane Chapter Symposium 2010
11
Tarong Energy Corporation - Rod Baxter, CRE Manager, Tarong Energy Corporation
In summary, CRE at Tarong is adding value through: ¾Freeing up resources in operational areas and providing specialist skills in key real estate areas – operationally and strategically ¾Being an independent and accountable focus point for sustainable land use ¾By clarifying roles and responsibilities and focusing available expertise for efficient lifecycle management ¾Supporting and driving key corporate messages around real estate and business strategies
CoreNet Global Brisbane Chapter Symposium 2010
12
