1. Monash Sustainable Energy Day  Australia’s Greenhouse Emissions  Renewable Energy Markets and Opportunities

2. Outline  Australia’s Greenhouse Emissions Profile  Policy Developments  Electricity Consumption Trends  Electricity’s Greenhouse Contribution  Australian RE Programs  International Targets for Renewable Energy

3. Australia’s GH Emissions, 1999

4. Trends

5. Greenhouse Emissions by Sector

6. Policy Developments  Federal Policy Developments  Not committed to ratifying Kyoto Protocol  Climate Change partnership with USA  Still funding AGO and associated programs  State Gov Policy Developments  NSW EPA released draft guidelines for EIA’s  VIC EPA - Greenhouse emissions part of licence compliance (existing licences & works approvals)  QLD EPA - developing guidelines for same  WA EPA - released guidelines and may veto projects

7. Policy Developments  State Gov - Dedicated Departments  Mix of responsibilities  NSW (SEDA, MEU, EPA)  VIC (SEAV, DNRE, EPA)

8. Did You Know ?  Did you know ?  There is enough Brown Coal burnt in Victoria to fill the MCG every  a) Day?  b) Week?  c) Month?  Ans = (b)

9. GH Emissions of Electricity  Electricity contributes 172 Million Tonnes CO2e p.a. in Australia 37.5%  Equivalent to 37.5% of Australia’s Emissions

10. Electricity Trends Forecast electricity generation Source: Electricity Australia 2001, ESAA

11. Electricity by Fuel Type Installed capacity by fuel type - 2000 Source: Electricity Australia 2001, ESAA

12. International Competitiveness Source: Tariff Network of Experts, UNIPEDE, January 2001 AUD$ - c/kWh Industrial International electricity prices - January 2001 industrial

13. Electricity GH Trends  Electricity consumption rising  Largest contributor to emissions - 37.5% in 1999  Emissions increase by 33% over 1990 levels  One plank of strategy - Renewable Energy  Others include:  Generator Efficiency standards  Demand Side Management (energy efficiency)  MEPS - appliances, hot water heaters, etc.  Cogen?  Emissions Trading, Others?

14. Renewable Energy Programs  MRET, 2%, 9500 GWh  Green Power  GH Friendly Electricity  Others - RRPGP, REID, Grants, Subsidies (SHW, PV Rebate), etc

15. MRET

16.  Original Intent 2%  Now likely to be 0.5%  Cost $30-$40 / MWh for 0.5% of wholesale electricity purchases  Target review 2003

17. International Targets

18. Solar House Day September 8 th 2002 Guided Tours of Some of Australia and New Zealand’s Most Energy Efficient Homes. (Volunteers Required !!)