Varying 1997 eligible renewable power baselines
30F Varying 1997 eligible renewable power baselines
The Regulator may, by written determination, vary the 1997 eligible renewable power baseline for an accredited power station in the circumstances prescribed by the regulations.
The regulations may make provision for the 1997 eligible renewable power baseline for an accredited power station to be varied if an action or policy of the Commonwealth Government reduces the power station’s ability to generate electricity for a sustained period.
Subsection (2) does not limit subsection (1).
Increase in baseline
If a determination increases the 1997 eligible renewable power baseline for an accredited power station, the determination has effect only for the years following the year in which the determination is made.
Decrease in baseline
If a determination decreases the 1997 eligible renewable power baseline for an accredited power station, the determination has effect for the year or years specified in the determination.
This provision refers to the regulations (prescribed by the regulations
, The regulations may make
). Made under this Act:
- Renewable Energy (Electricity) Regulations 2001 · under s 161
This Act’s bill:Explanatory memorandumSecond reading speech
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