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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 30F

Varying 1997 eligible renewable power baselines

  (1)   The Regulator may, by written determination, vary the 1997 eligible renewable power baseline for an accredited power station in the circumstances prescribed by the regulations.

  (2)   The regulations may make provision for the 1997 eligible renewable power baseline for an accredited power station to be varied if an action or policy of the Commonwealth Government reduces the power station's ability to generate electricity for a sustained period.

  (3)   Subsection   (2) does not limit subsection   (1).

Increase in baseline

  (4)   If a determination increases the 1997 eligible renewable power baseline for an accredited power station, the determination has effect only for the years following the year in which the determination is made.

Decrease in baseline

  (5)   If a determination decreases the 1997 eligible renewable power baseline for an accredited power station, the determination has effect for the year or years specified in the determination.


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