The National GreenPower Steering Group (NGPSG) is seeking comment on the draft of the GreenPower Program Rules Version 10.
There are two major changes proposed to the current
Program Rules Version 9.1.
1. A new GreenPower Product type [see Appendix F (p.42) and G (p.43)].
The
proposed new GreenPower Product type, referred to as GreenPower-Connect, has
been developed in response to Recommendation 16 of the GreenPower Program
Review Final Report prepared by the Institute for Sustainable Futures in June
2015.
This found that three new product
types (GreenPower Direct/GreenPower Local, GreenPower Government Direct and
GreenPower Limited) “were all of interest to stakeholders and are worth
pursuing”. GreenPower-Connect is closely
aligned to the GreenPower Direct product but also contains elements of the other
two product types.
GreenPower-Connect is aimed at commercial entities and government
agencies that support the construction of large renewable energy generators by
directly funding these projects and, as part of a contractual agreement, retain
ownership of the associated Large-scale Generation Certificates (LGCs). The
current volumetric fee structure makes it prohibitively expensive for
GreenPower Providers to facilitate the surrender of these LGCs. The
GreenPower-Connect product is a cost effective mechanism to enable these sales
to go through the GreenPower Program.
In relation to the proposed fees outlined in Appendix F, the NGPSG would like specific feedback on whether the fee structure adequately
takes into account “buyer group” situations where one GreenPower Customer acts
on behalf of a group of commercial entities to directly fund a GreenPower
Generator.
2. Support
for Community-owned GreenPower Generators (see p.34 and 37).
Eligible
renewable energy generators that demonstrate community ownership will have
their annual accreditation fee waived or reduced by 50% depending on the
generator size.
This
rule change was developed in response to Recommendation 10 of the 2015 GreenPower
Program Review Final Report and aims to connect the GreenPower Program to a rapidly
growing sector.
Feedback is sought on the proposed definition of a
Community-owned GreenPower Generator, in particular the 20% limit of individual
investor ownership.
Please
note that the NGPSG will be investigating changes to the
generator fee structure for all generators during 2016.
The Program invites stakeholders to provide written feedback on the proposed changes by Friday 29 January to greenpower.admin@industry.nsw.gov.au.