Document ID: chunk:federal_register_of_legislation:F2021C01057:reg:29
Version: federal_register_of_legislation:F2021C01057
Segment Type: reg
Provision Reference: reg 29
Character Range: 51465–52230

29  Summary

      The carbon dioxide equivalent net abatement amount for an expansion electricity production project is the abatement achieved from installing and operating electricity production devices (subject to a baseline) less:
             (a) the emissions from operating the installed electricity production devices; and
             (b) ancillary emissions of the project; and
             (c) certain parameters associated with electricity production.
      The abatement achievable from existing flaring or flameless oxidation devices and existing electricity production devices is used to determine a baseline for working out the abatement achieved by the project. Only abatement above this baseline is counted as abatement achieved by the project.