The Facilities method is applicable to organisations currently reporting under the National Greenhouse & Energy Reporting Scheme (NGERS), and provides a high-level, activity-neutral framework to calculate abatement from facilities. It is functionally consistent with the intent of the Industrial Electricity and Fuel Efficiency (IEFE) method. However, this method unlike other approved ERF methods has a
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The second Emissions Reduction Fund (ERF) auction is approaching – if you’re preparing an ERF project, be sure to note the following dates in your diaries: The auction guidelines will be published this Friday 21 August 2015. Applications for new projects that wish to enter the auction need to be submitted in full by 18 September 2015 (note that there can be some back and forth with the Regulator, so try
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The Clean Energy Regulator has just released the results of the first Emission Reduction Fund (ERF) Auction held last week (15-16 April). Key points are as follows: 107 Contracts have been awarded 43 contractors covering 144 projects Total value $660 471 500 Average price per tonne of abatement of $13.95 The majority were based on
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With the abolition of the Carbon Price, the stage is set for the introduction of the Federal Government’s Emissions Reduction Fund (ERF), a key component of their Direct Action Plan (DAP). The ERF presents an excellent opportunity for additional funding for business projects that reduce the emissions intensity of a production process beyond the Business
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On 1 July 2014 the Clean Energy Regulator will allow project proponents to register a ‘Notice of Intention’ to participate in the $2.55B ERF. Despite the lack of legislation at this stage, and the events of the past week, projects that will achieve carbon reductions and meet the eligibility criteria can initiate the process to
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