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CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 167 Annual assistance factor

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 167

Annual assistance factor

                   The annual assistance factor to be specified in a certificate of eligibility for coal-fired generation assistance in respect of a generation complex is the Regulator's reasonable estimate of the number worked out to 3 decimal places using the following formula:

where:

"emissions intensity" means the emissions intensity of the generation complex.

Note:          For emissions intensity , see section 168.

"historical energy" means:

                     (a)  if the generation complex is a generation complex that entered service on or before 1 July 2008--the total number of gigawatt hours of electricity generated by the generation complex during the period:

                              (i)  beginning on 1 July 2008; and

                             (ii)  ending on 30 June 2010;

                            as measured at all generator terminals of the generation complex; or

                     (b)  if the generation complex is a generation complex that entered service after 1 July 2008--14.016 multiplied by the number of megawatts in the nameplate rating of the generation complex as at the day the generation complex entered service.