|  |  |
Terms of Reference
Terms of Reference for the Review of the Renewable Energy (Electricity)
Act 2000
The Renewable Energy (Electricity) Act 2000 establishes the Mandatory
Renewable Energy Target which requires Australian electricity retailers and
other large buyers of electricity to collectively source an additional 9 500
gigawatt hours of electricity per annum from renewable sources by 2010.
The Panel is to review the operation of Renewable Energy (Electricity)
Act 2000, to determine:
- the extent to which the Act has:
- contributed to reducing greenhouse gas emissions; and
- encouraged additional generation of electricity from renewable energy
sources; and
- the extent to which the policy objectives of this Act have been achieved
and the need for any alternative approach; and
- the mix of technologies that has resulted from the implementation of the
provisions of this Act; and
- the level of penalties provided under this Act; and
- the need for indexation of the renewable energy shortfall charge to the
Consumer Price Index to maintain the real value of the charge and the associated
penalty charge; and
- other environmental impacts that have resulted from the implementation
of the provisions of this Act, including the extent to which non-plantation
forestry waste has been utilised; and
- the possible introduction of a portfolio approach, a cap on the contribution
of any one source and measures to recognise the relative greenhouse intensities
of various technologies; and
- the level of the overall target and interim targets; and
- the appropriateness of the operating environment including the:
- level of participation in and transparency of the Mandatory Renewable
Energy Target measure; and
- scheduled end-date of 2020; and
- baselines for pre-existing generators; and
- need for future reviews; and
- the appropriateness of policy settings including the:
- extent to which this Act has provided an ongoing basis for commercially
competitive renewable energy; and
- relevant economic and social impacts that have resulted from the implementation
of the provisions of this Act; and
- inclusion of renewable energy sources and technologies not specified
in the Act or Regulations; and
- interaction with relevant Commonwealth, State and Territory energy,
environment and industry policies.
|