National

All Australians are yet to access the benefits of market-based energy efficiency schemes

Australia does not have a national market-based energy efficiency scheme.

Peak bodies in Australia have called for energy efficiency schemes to be established in all jurisdictions across Australia, including the Climate Change Authority, Energy Efficiency Council, Australian Sustainable Built Environment Council and the EECCA.

There are national initiatives in place that are beginning to recognise the major significance of energy efficiency’s role in policy settings.

Emissions Reduction Fund (ERF) and Safeguard Mechanism

Scheme name: Emissions Reduction Fund (ERF) and Safeguard Mechanism, part of the Federal Government’s Direct Action Plan. 

Commenced: ERF came into effect 13 December 2014

Commitment date: Will conclude when funding is complete, $2.55 billion currently committed with further funding to be considered in future budgets.

Administrator: Clean Energy Regulator

Regulator: Clean Energy Regulator

Policy framework responsibility: Australian Government, Department of the Environment

Ministerial responsibility: Federal Environment Minister

Queries: enquiries@cleanenergyregulator.gov.au

ERF Energy efficiency successful projects and participants: Visit CER website auction results)

The ECCCA is advocating for an adjustment to the ERF to:

  • complement the current market-based energy efficiency schemes;
  • make access easier to facilitate greater uptake of energy efficiency projects;
  • ensure that these projects are treated on a level playing field with other project types as there has been little support to date;
  • significantly tighten baselines as they are currently fairly weak; and
  • improve and expand methodologies to make them more relevant for energy efficiency upgrades.

Some EECCA Members are scheme participants under the ERF.

National Energy Productivity Plan (NEPP)Target

On 4 December 2015, the National Energy Productivity Plan 2015-2030 (NEP) & Target was released by the Council of Australian Governments (COAG) Energy Council. The EECCA determined that energy efficiency was factored in to deliver one-third of the 2030 emissions savings target within the NEPP 2015-2030. (See EECCA Media Release - 7 Dec 2015 for source data and analysis.)

The ECCCA is advocating for the NEPP to:

  • further recognise the contribution that energy efficiency can make to Australia's emissions savings target with more impetus needed to maximise the potential that market-based energy efficiency schemes across the nation can make for further reductions. (See Australian Government Emissions Reductions Fact Sheet 2015-2016.) In a chart included: Indicative Emissions Reduction Sources 2020 to 2030, the projected 160 million tonnes of carbon dioxide emissions abatement could actually be delivered solely by the market-based energy efficiency schemes in Victoria and New South Wales over the period 2016-2020. (See EECCA Bulletin December 2015 - Paris landmark accord puts pressure on Australia's emissions reductions projections released 25 Nov 2015.)

Other relevant agreements, policy measures and programs

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