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ARTICLE · 06 FEBRUARY 2011

Opportunity to streamline Energy Efficiency Opportunities program

The Federal Government's Energy Efficiency Opportunities program could give corporations more flexibility if proposed changes go through. Claire Smith and Rebecca Hawke explain the changes and why stakeholders should take advantage of the chance to comment on them.

AustraliaEnergy and Natural Resources

Key Points:

Proposed changes to the Energy Efficiency Opportunities program would allow corporations to choose to participate under "financial control", not "operational control", rules, streamline reporting requirements and improve cohesiveness between EEO and NGERS.

Halfway through the third reporting period under the National Greenhouse and Energy Reporting Scheme (NGERS), with no clear parliamentary decision on emissions trading and rising electricity costs, energy efficiency is once again high on the agenda.

Energy Efficiency Opportunities program

The Federal Energy Efficiency Opportunities (EEO) program requires large energy-using businesses to identify, evaluate and report publicly on cost-effective energy saving opportunities. The Energy Efficiency Opportunities Act 2006 (Cth), associated regulations and capacity building program commenced in 2006. The EEO operates in five-year assessment and reporting cycles, the first being 2006 to 2011. It is

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