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footnotes

1 The target of 41 000 gigawatt hours does not include the additional 850 gigawatt hours annual amount for waste coal mine gas, which is removed from the 2021–2030 targets.

2 This is lower than the 18 600 megawatts reported in 2013 as the figure has been corrected to exclude co-firing power stations.

3 Based on average household electricity consumption of 122.3 kilowatt hours per week. Australian Bureau of Statistics, 'Household Energy Consumption Survey, Australia: Summary of Results', viewed 1 March 2014, <http://www.abs.gov.au/ausstats/abs@.nsf/Lookup/by%20Subject/4670.0~2012~Main%20Features~Dwelling%20characteristics~10005>.

4 The final figure for 2014 installations will be available in next year's report, as certificates can be created up to 12 months after installation.

5 The final figure for 2014-related certificates will be available in next year's report, as certificates can be created up to 12 months after installation.

6 ACIL Allen Consulting, RET Review Modelling: Market Modelling of various RET policy options, August 2014, viewed 19 February 2015, <https://retreview.dpmc.gov.au/sites/default/files/files/ACIL_Report.pdf>.

7 Expert Panel, Renewable Energy Target Scheme Report of the Expert Panel, August 2014, viewed 18 February 2015, <https://retreview.dpmc.gov.au/ret-review-report-0>.

8 Expert Panel, Renewable Energy Target Scheme Report of the Expert Panel, August 2014, p. 41 viewed 26 February 2015, <https://retreview.dpmc.gov.au/ret-review-report-0>.

9 Climate Change Authority, Renewable Energy Target Review, December 2014, Summary, viewed 18 February 2015, <http://www.climatechangeauthority.gov.au/reviews/2014-renewable-energy-target-review>.

10 ibid.

11 Sinclair Knight Merz, Benefit of the Renewable Energy Target to Australia's Energy Markets and Economy, August 2012, viewed 5 March 2015, <https://www.cleanenergycouncil.org.au/policy-advocacy/reports.html>.

12 Australian Energy Regulator, State of the Energy Market 2014, December 2014, viewed 18 February 2015, <http://www.aer.gov.au/node/29358>.

13 Climate Change Authority, Renewable Energy Target Review, December 2014, Summary, viewed 18 February 2015, <http://www.climatechangeauthority.gov.au/reviews/2014-renewable-energy-target-review>.

14 Expert Panel, Renewable Energy Target Scheme Report of the Expert Panel, August 2014, p. ii, viewed 26 February 2015, <https://retreview.dpmc.gov.au/ret-review-report-0>.

15 Expert Panel, Renewable Energy Target Scheme Report of the Expert Panel, August 2014, viewed 18 February 2015, <https://retreview.dpmc.gov.au/ret-review-report-0>.

16 See Renewable Energy Target FAQs at www.cleanenergyregulator.gov.au

17 Two additional emissions-intensive trade-exposed activities were included in the Regulations in November 2014, but are only eligible for partial exemption for 2015 onwards.

18 Reduced acquisitions refers to a liable entity's relevant acquisitions of electricity less any partial exemption certificates provided by their emissions-intensive trade-exposed customers for a return benefit.

19 The target of 41 000 gigawatt hours does not include the additional 850 gigawatt hours annual amount for waste coal mine gas, which is removed from the 2021–2030 targets.

20 This report provides initial data for the 2014 assessment year. The Clean Energy Regulator continued to assess related statements during the 2015 calendar year.

21 The first business day after the legislative deadline of 14 February.

22 Details are published at www.cleanenergyregulator.gov.au

23 Details are published at www.cleanenergyregulator.gov.au.

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