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Victorian Energy Upgrades Program (Previously the VEET scheme)
…third party certificate providers via private bilateral contracts and public spot market.
The programme covers electricity and gas consumption. Obligated parties are energy retailers that have 5000 or more customers in Victoria, or that make annual purchases of 30 000 MWh or more of electricity or 350 000 GL or more of gas for on-sale to prescribed customers in Victoria.
In December 2020, program targets were updated for the period 2022-25 to the following:
6.7 million certificates in 2022
6.9 million certificates in 2023
7.1 million certificates in 2024
7.3 million certificates in 2025
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The 5Es National Economic Transformation Plan (2024-2029)
The plan has a pillar for energy and infrastructure. The subplan focuses on diversification and use of local renewable sources, energy efficiency and conversation, infrastructure development, private sector investment and regional cooperation.
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Joe Ritchie
Former Energy Policy analyst.
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2023-2024 Budget
…the Government of Australia released the 2023-2024 budget focusing at relieving the cost of living crisis and supporting the energy sector and the economy.The key budget initiatives include:Providing funds for energy efficiency retrofits to 170,000 homes and social housing through the Household Energy Upgrades fundFinancing energy efficiency information for households and improved House Energy Rating SchemeProviding subsidies for high electricity bills for 5 million households and 1 million small businesses from July 2023Allocating further AUD 4 billion to the renewable energy superpower planInvesting AUD 10 billion in the electricity gridEarmarking AUD 2 billion for hydrogen production…
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Energy Transition Law
…a roadmap to reach such energy efficiency goal considering a medium term (15 years) and a long term (30 years). As article 3 stated, Clean energies (Transitory ) national goals are:The LTE confirms the 2024 (eight years from now) goal that was stablished in the repealed LAERFTE and sets new midway goals. Current mandatory goals:2018: 25%; 2021: 30%; and 2024: 35%.But, LAERFTE was including targets to 2035 (40%) and 2050 (50%) that are no longer in the LTE.However, the LTE mandate to make a strategy to address clean energy and energy efficiency goals considering a mid-term…
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Reducing the energy intensity of public buildings (S001)
…final energy consumption. Where relevant and feasible, renovation includes installation of renewable energy sources and application of green infrastructure elements (green roofs, green walls, rainwater harvesting). Eligible expenditures include preparatory investment works including energy audits and certificates, studies and project documentation. Minimum medium-level renovation required (primary energy savings 30–60%), with support intensity varying from 85% for 30% savings to 100% for savings exceeding 60%. Target groups: public administration entities, non-governmental non-profit organisations, churches. Coordinated by the Ministry of Investment, Regional Development and Informatisation; implemented by SIEA. Financed under OP KŽP (2021–2023) and Programme Slovakia (2024…
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National Building Code 2024
In 2024, Kenya updated its National Building Code, which includes support for energy efficiency in buildings covering key areas such as natural lighting, cooling and ventilation.
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Saudi Green Building Code 2024 (SBC 1001)
The Saudi Building Code is a collection of legislative, administrative, and technical rules for new buildings in Saudi Arabia. The Green Building code is part of it and promotes green practices in the sector over energy efficiency and CO2 emissions reduction.
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Climate agreement for energy and industry (CCUS)
Energy Agreements support Denmark’s long-term goal of becoming a carbon neutral society by 2050, a goal first set in 2011 in the Energy Strategy 2050. Energy Agreements successfully helped creating a climate of trust for investors in clean energy and public acceptability to support the consumer prices of such energy.In 2020, Denmark released a Climate Agreement for Energy and Industry which is focused on the following areas: renewable energy, CCUS, industry, energy efficiency, heating, transport, and tax reform. For CCUS, the agreement starts in 2024 and provides a market based subsidy pool for the purchase and storage…
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Nunatsiavut Energy Security Plan
…adopted its Energy Security Plan. The Plan is divided into two phase periods. The first phase starts in 2016 and lasts until 2018. The second phase takes place between 2018 and 2024.
The goals of the Plan are following:• Project the short and medium-term energy demand trends and requirements in Nunatsiavut;• Document the impacts of diesel power reliance and supply constraints on social conditions, the environment, economic activity and economic development in Nunatsiavut;• Identify options for energy demand reductions, enhanced productivity of diesel systems and energy distribution systems, peak shaving, improved demand-side energy efficiency, and renewable energy over…