667
CurrentElectricity baseline for product
Schedule 6Emissions‑intensive trade‑exposed activities
Part 23Production of ethene (ethylene)
Division 3Electricity baseline for calculating exemption
667 Electricity baseline for product
The electricity baseline for calculating the amount of a liable entity’s exemption in respect of the production of ethene (ethylene) is 0.275 MWh per tonne of 100% equivalent ethene (ethylene (C2H4)) that is contained within ethene that:
(a)
has a concentration of ethene (ethylene (C2H4)) equal to or greater than 99%; and
(b)
is produced by carrying on the emissions‑intensive trade‑exposed activity; and
(c)
is of saleable quality.
Note:
Saleable quality is defined in regulation 22C.
This Act’s bill:Explanatory statement
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