Senate debates

Wednesday, 14 February 2018

Questions without Notice

Energy

2:45 pm

Photo of Simon BirminghamSimon Birmingham (SA, Liberal Party, Minister for Education and Training) Share this | Hansard source

In fact, the small-scale-technology certificates that operate as a component of the renewable energy target under the Small-scale Renewable Energy Scheme are traded under market conditions. There is a cap in relation to what the maximum price can be, some $40, but they do trade below that frequently, and, indeed, have traded in a range, I understand, between $30 and $40 for those certificates. The government is determined to make sure that we do transition the way in which support is delivered, and that we do transition to the National Energy Guarantee-type model, which will ensure that distortionary impacts are removed and that we have a free and fair application of generation sources into the energy market, regardless of their type, where they simply compete on the basis of price and reliability, and where we meet our international obligations.

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