Renewable Energy (Electricity) Regulations 2001

The electricity baseline for calculating the amount of a liable entity’s exemption in respect of the production of nickel is the following:

9.29 MWh per tonne of 100% equivalent nickel, measured on a dry weight basis, contained in primary nickel products produced from nickel bearing inputs;

6.45 MWh per tonne of 100% equivalent nickel, measured on a dry weight basis, contained in intermediate nickel products produced from nickel bearing inputs that are not subsequently transformed into primary nickel products at the same facility;

2.84 MWh per tonne of 100% equivalent nickel, measured on a dry weight basis, contained in primary nickel products produced from intermediate nickel products that have not been produced at the same facility;

8.89 MWh per tonne of 100% equivalent cobalt, measured on a dry weight basis, contained in cobalt products.

The production of nickel mentioned in subclause (1) is nickel that:

is produced by carrying on the emissions‑intensive trade‑exposed activity; and

is of saleable quality.

Saleable quality is defined in regulation 22C.