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Monash Sustainable Energy Day Australia’s Greenhouse Emissions Renewable Energy Markets and Opportunities. Outline. Australia’s Greenhouse Emissions Profile Policy Developments Electricity Consumption Trends Electricity’s Greenhouse Contribution Australian RE Programs
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Monash Sustainable Energy Day Australia’s Greenhouse Emissions Renewable Energy Markets and Opportunities
Outline • Australia’s Greenhouse Emissions Profile • Policy Developments • Electricity Consumption Trends • Electricity’s Greenhouse Contribution • Australian RE Programs • International Targets for Renewable Energy
Policy Developments • Federal Policy Developments • Not committed to ratifying Kyoto Protocol • Climate Change partnership with USA • Still funding AGO and associated programs • State Gov Policy Developments • NSW EPA released draft guidelines for EIA’s • VIC EPA - Greenhouse emissions part of licence compliance (existing licences & works approvals) • QLD EPA - developing guidelines for same • WA EPA - released guidelines and may veto projects
Policy Developments • State Gov - Dedicated Departments • Mix of responsibilities • NSW (SEDA, MEU, EPA) • VIC (SEAV, DNRE, EPA)
Did You Know ? • Did you know ? • There is enough Brown Coal burnt in Victoria to fill the MCG every • a) Day? • b) Week? • c) Month? • Ans = (b)
GH Emissions of Electricity • Electricity contributes 172 Million Tonnes CO2e p.a. in Australia • Equivalent to 37.5% of Australia’s Emissions
Electricity Trends Forecast electricity generation Source: Electricity Australia 2001, ESAA
Electricity by Fuel Type Installed capacity by fuel type - 2000 Source: Electricity Australia 2001, ESAA
International Competitiveness International electricity prices - January 2001 industrial Source: Tariff Network of Experts, UNIPEDE, January 2001AUD$ - c/kWh Industrial
Electricity GH Trends • Electricity consumption rising • Largest contributor to emissions - 37.5% in 1999 • Emissions increase by 33% over 1990 levels • One plank of strategy - Renewable Energy • Others include: • Generator Efficiency standards • Demand Side Management (energy efficiency) • MEPS - appliances, hot water heaters, etc. • Cogen? • Emissions Trading, Others?
Renewable Energy Programs • MRET, 2%, 9500 GWh • Green Power • GH Friendly Electricity • Others - RRPGP, REID, Grants, Subsidies (SHW, PV Rebate), etc
MRET • Original Intent 2% • Now likely to be 0.5% • Cost $30-$40 / MWh for 0.5% of wholesale electricity purchases • Target review 2003
Solar House Day • September 8th 2002 • Guided Tours of Some of Australia and New Zealand’s Most Energy Efficient Homes. • (Volunteers Required !!)