In a bid to boost the amount of larger-scale photovoltaics plants in the Australian Capital Territory (ACT), the Government has put forward plans for revised feed-in tariff legislation. This is the second stage of revisions for the ACT’s feed-in tariff, as the rate was also cut back in July in order to increase investor confidence, reports Energy Matters.
The second stage of development for the ACT’s electricity feed-in tariff scheme builds on the existing scheme, which is currently the most generous in Australia. The increased feed-in tariff scheme plan includes:
– An overall scheme cap of 240MW of generating capacity
– Large-scale generation category for generators larger than 200kW (category cap of 210MW)
– Medium-scale generation category for generators between 30kW and 200kW (category cap of 15MW)
– Existing micro generation category (household rooftop) up to 30kW (category cap of 15MW).
The state’s environment minister, Simon Corbell, said the expanded feed-in tariff will enable the increased construction of large-scale solar farm projects in the ACT and allow for increased community investment in renewable energy.
“The expansion of the scheme will occur in two steps, with medium scale generation suitable for larger areas such as shopping centres, warehouses and large office buildings, to occur first through amendments to the existing electricity feed-in (Renewable Energy Premium) Act 2008,” Corbell explained.
“The second step will involve the introduction of separate legislation for large-scale generation with provision of premium payments to be allocated through an auction process.”
Corbell also explained that a test auction of 40MW of capacity would initially be offered to assess interest in the process before the government would make a decision about any future auctions of large-scale feed-in rebates.
“The Government anticipates this auction will occur in the first half of 2011 and it will ensure that Canberrans get the highest possible level of renewable energy at the lowest possible price.”