Document ID: chunk:federal_register_of_legislation:F2024C00833:reg:8:p9
Version: federal_register_of_legislation:F2024C00833
Segment Type: reg
Provision Reference: reg 8 (pt 9/11)
Character Range: 777685–780729

method
 (1) For the purposes of a report under Part 3, 3E, 3F or 3G of the Act, the following formula may be used for estimating scope 2 emissions from purchased or acquired electricity consumed from the operation of a facility during a year:
where:
Y is the scope 2 emissions measured in CO2‑e tonnes.
Q is the quantity of electricity purchased or acquired from an electricity transmission network or distribution network during the year and consumed from the operation of the facility measured in kilowatt hours.
Qexempt is the quantity of electricity exempt from Renewable Energy Target (RET) liability, measured in kilowatt hours.
RPP is the RET Renewable Power Percentage for the applicable period (averaged across the adjacent calendar years) as published by the Clean Energy Regulator, https://www.cleanenergyregulator.gov.au/RET/Scheme‑participants‑and‑industry/the‑renewable‑power‑percentage.
JRPP is the jurisdictional renewable power percentage for the applicable period, activity and State or Territory. It is calculated as the number of eligible Renewable Energy Certificates surrendered by or on behalf of the jurisdictional authority divided by total electricity consumption in the jurisdiction.
RECsurr is the number of eligible Renewable Energy Certificates voluntarily surrendered in the reporting year equivalent to megawatt hours.
RMF is the scope 2 residual mix factor, in kilograms of CO2‑e emissions per kilowatt hour as mentioned in Part 6 of Schedule 1.
REConsite is the number of eligible Renewable Energy Certificates that have been or will be issued for electricity produced on‑site during the year and consumed from the operation of the facility equivalent to megawatt hours.
Note 1: An entity may optionally use this method in addition to the compulsory location‑based methods for estimating scope 2 emissions. However, emissions estimated using the market‑based method should not be aggregated with emissions estimated using location‑based methods.
Note 2: This method may not be used for the purpose of calculating whether a controlling corporation's group meets a threshold for a financial year under section 13 of the Act.
 (2) For Q and Qexempt, if the electricity purchased or acquired is measured in gigajoules, the quantity of kilowatt hours must be calculated by dividing the amount in gigajoules by 0.0036.
 (3) For RECsurr, REConsite and JRPP, an eligible Renewable Energy Certificate is:
 (a) a Large‑scale Generation Certificate (LGC), other than an ineligible Renewable Energy Certificate, that is voluntarily surrendered through the Renewable Energy Certificate Registry in the reporting year; or
 (b) a purchase of GreenPower electricity from an accredited GreenPower Provider;
  that is supported by evidence in accordance with subsection (5).
 (4) For subsection (3), an ineligible Renewable Energy Certificate is:
 (a) an LGC surrendered to meet a liable entity's obligations for that compliance year under the Renewable Energy (Electricity) Act 2000; or
 (b) an incorrectly created or cancelled