New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 97BC

97BC Principles for determining greenhouse gas benchmarks for benchmark participants

(1) The greenhouse gas benchmark for a benchmark participant for a compliance period is to be determined as follows--

(a) by multiplying the State population for the compliance period by the State greenhouse gas benchmark to determine the electricity sector benchmark,

(b) by determining the proportion of the total State electricity demand (as determined by the Tribunal) for the year commencing on the same day as the compliance period that is applicable to the participant during that year,

(c) by applying that proportion to the electricity sector benchmark to calculate the number of tonnes of carbon dioxide equivalent of greenhouse gas emissions comprising the benchmark for that participant.

(2) If the compliance period is the final compliance period, the number of tonnes of carbon dioxide equivalent of greenhouse gas emissions comprising the benchmark for a participant is to be reduced by dividing that number by 365 and then multiplying it by the number of days in the final compliance period.

Note : The methodology for determining the matters set out in this section is set out in the greenhouse gas benchmark rules.