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Renewable Energy (Certificates and Other Matters) Amendment Bill 2009

Schedule 2 Efficient transmission systems

Renewable Energy (Electricity) Act 2000

1  Subsection 5(1)

Insert:

efficient long distance transmission systems has the meaning given by subsection 23J(3).

2  After Subdivision BB of Division 4 of Part 2

Insert:

Subdivision BD Efficient long distance transmission systems

23I   Report on the efficiencies of different systems

             (1)  At least once every 3 years, the Regulator must prepare a report on:

                     (a)  the relative efficiencies of commercially available long distance transmission systems; and

                     (b)  the circumstances under which these efficiencies apply; and

                     (c)  the strength of the evidence supporting the information provided under paragraph (b).

             (2)  As soon as practicable after completing a report, the Regulator must publish it on his or her website.

             (3)  The first report under this section must be prepared within 12 months of the commencement of Schedule 2 of the Renewable Energy (Certificates and Other Matters) Amendment Act 2009 .

23J   Certificates for the construction of efficient long distance transmission systems

             (1)  The Regulator may issue certificates for the construction of efficient long distance transmission systems.

             (2)  A registered person may apply to the Regulator for the issue of certificates for the construction of efficient long distance transmission systems that have been built within 12 months before the commencement of Schedule 2 of the Renewable Energy (Certificates and Other Matters) Amendment Act 2009 .

             (3)  Efficient long distance transmission system has the meaning prescribed by the regulations.

             (4)  Any regulations made in relation to subsection (3) must reflect the information contained in the most recent report under section 23I.

             (5)  The regulations must provide for:

                     (a)  the application and issuing process for certificates issued under this section; and

                     (b)  the method, or methods, to be used to calculate the number of certificates to be issued; and

                     (c)  the date of issue of such certificates; and

                     (d)  any other matter necessary to be prescribed to give effect to this section.