Welcome to todays webinar on RET exemption certificates The webinar - - PowerPoint PPT Presentation
Welcome to todays webinar on RET exemption certificates The webinar - - PowerPoint PPT Presentation
Welcome to todays webinar on RET exemption certificates The webinar will commence at 2:00 PM (AEDT) Friday 14 December 2018 To hear the webinar, phone 1800 896 323 and enter code 33532697# Am I eligible for RET exemption certificates? For
Am I eligible for RET exemption certificates?
For RET emissions-intensive trade-exposed entities
Overview
Am I eligible for exemption certificates? – 14 December 2018 3
Presenter: Richard Liu
> Renewable Energy Target (RET) emissions-intensive trade-exposed (EITE) companies can choose to apply as defined under the:
> Renewable Energy (Electricity) Act 2000 (the Act), and > Renewable Energy (Electricity) Regulations 2001 (the Regulations).
> Aims to provide 100 per cent exemption from RET liability for electricity used to conduct eligible EITE activities. RET EITE exemption certificate recipients must: 1. Conduct an eligible RET EITE activity (Schedule 6 of the Regulations). 2. Consume electricity that is liable under the RET. 3. Be a prescribed person (r.22G to r.22K of the Regulations).
How the Renewable Energy Target works
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Eligible EITE activities
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> Schedule 6 of the Regulations. > RET EITE Activity Boundaries document. > Some electricity is excluded from the amount of exemption in MWh.
Operation – section 31 of the Act
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> RET liable electricity consumed for the production of relevant products (EITE activity). > A RET liable entity is an individual or company who makes relevant acquisitions of electricity on a grid which has an installed capacity of 100 megawatts or more. > Non-liable electricity is not included for the purposes of the RET EITE activity.
Prescribed Person
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> The applicant of the exemption certificate. > The Regulations describes five (5) prescribed persons:
> 22G – person with contract for supply of electricity to site > 22H – liable entity with operational control > 22I – liable entity for future activity > 22J – person with a new contract for supply of electricity, and > 22K – nominated person.
> These categories are differentiated between current and future activities and operational control scenarios.
Regulations 22G – person with contract for supply of electricity to site
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To be eligible, immediately before the day the application is made you must be an entity with a contract for supply of electricity consumed by the RET EITE activity at the site with a liable entity.
Regulations 22H – liable entity with operational control
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To be eligible, immediately before the day the application is made you must be a liable entity with operational control of the RET EITE activity at the site and in the 6 months preceding the application have: > Consumed more than 30% of the electricity for the site, or > The majority of the electricity consumed at the site be recognised as a RET relevant acquisition.
Regulations 22I – liable entity for future activity
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Similar to regulation 22H, except the liable entity will have future
- perational control and operate the EITE facility during the application
year.
Regulations 22J – person with a new contract for supply of electricity
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To be eligible, immediately before the day the application is made you must: > be an entity with the first contract for supply of electricity for electricity consumed during the year for the EITE activity at the site with a liable entity, and > cannot fall under prescribed person categories r.22G, r.22H and r.22I.
Regulations 22K – nominated person
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> To be eligible, immediately before the day the application is made a prescribed person under r.22G, r.22H, r.22I or r.22J nominates another person for the EITE site and activity to be the prescribed person.
> A prescribed person under r.22G, r.22H, r.22I and r.22J not apply.
Questions and discussion
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Clean Energy Regulator staff from the EITE area are available to take questions.
Resources
Footer Details – presentation title and date 14
Renewable Energy (Electricity) Act 2000 published by the Federal Register of
- Legislation. Available at: https://www.legislation.gov.au/Details/C2018C00217
Renewable Energy (Electricity) Regulations 2001 published by the Federal Register of Legislation. Available at: https://www.legislation.gov.au/Details/F2018C00418 Emissions-Intensive Trade-Exposed Activity Boundaries published by the Australian Department of the Environment and Energy. Available at: http://www.environment.gov.au/climate-change/publications/eite-activity- boundaries
Thank you For more information about exemption certificates
- r other Clean Energy Regulator schemes:
Website www.cleanenergyregulator.gov.au Email cer- industryassistanceschemes@cleanenergyregulator. gov.au Phone 1300 553 542