Australian Solar Cooling Interest Group (ausscig) Conference Role of the ORER. Andrew Livingston Renewable Energy Regulator 2011

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1 Role of the ORER Andrew Livingston Renewable Energy Regulator Office of the Renewable Energy Regulator Statutory authority established to oversee the implementation of the Large-scale Renewable Energy Target (LRET) and the Small-scale Renewable Energy Scheme (SRES). 2

2 Office of the Renewable Energy Regulator Responsibilities of ORER: Accrediting renewable energy power stations under LRET Registering registered persons and registered agents Overseeing creation, validation of LGCs/STCs for eligible parties Assessing and auditing surrender of LGCs/STCs by liable parties Manage and maintain the online REC Registry and STC Clearing House 3 Office of the Renewable Energy Regulator Responsibilities of ORER: Managing compliance under the Act Communication of Act and Regulations Updating and maintaining the Register of solar water heaters Managing partial exemption process for emissionsintensive trade-exposed industries 4

3 5 RET Large-scale Renewable Energy Target Small-scale Renewable Energy Scheme 6

4 7 8

5 Number of RECs at end 2010 was 42 million. Exceeded 34.5 million by 8 million. Increased by ½ excess in Decreased by ¼ of the excess in LRET target adjustment Calendar year Target , , , , , , , , , ,000 Legislated LGC Annual and Estimated STC Quarterly Targets 50,000 40,000 February14th STC Surrender October 29th STC Surrender GW Wh 30,000 July 28th STC Surrender 20,000 April 28th STC Surrender 2010 Amended RET Target 2001 MRET REC/LGC Target 10,000 0 Year 10

6 Online Registration 11 Proof-of-Identity (POI) requirements STC Clearing House 12 12

7 Registrable certificates as at 1 January 2011 Landfill Gas 5% Bagasse, Energy Crops 5% Other 4% S.G.U. Deemed 28% Hydro 12% Wind 22% Solar Water Heater (Deemed) 24% 13 RECs created historically from small-scale technologies Calendar years Source: SKMMMA STC modelling report 14

8 System size trends 100% 90% 80% 70% 60% 5 kw or Greater 4 to 5 kw 50% 3 to 4 kw 2 to 3 kw 40% 30% 1.5 to 2 kw less than 1.5 kw 20% 10% 0% 15 12,000,000 STC tracking Feb ,000,000 Cumulative STP Target Total Created 8,000,000 Registered Pending Clearing House Sale s STCs 6,000,000 4,000,000 2,000, Weeks Since 1 January

9 Emerging renewable energy technologies Division 2AA Emerging renewable energy technologies 40AB Inclusion of emerging renewable energy technologies The Minister may, by legislative instrument, determine that an emerging renewable energy technology be included as a renewable energy technology for the purpose of the scheme constituted by this Act. 17 Way forward Section 40B introduced by Senator Xenophon during passage in mid of legislative amendments. Policy matter for the Government and would need to be raised with the Minister. Section 162 of the Act 2-yearly reviews of the RET scheme. The scope of the review is broad, and may present an opportunity for your organisation to raise the issue of eligibility of solar cooling. 18

10 More information ORER responsible for administration and implementation - Department of Climate Change and Energy Efficiency responsible for policy - ret@climatechange.gov.au 19