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Safeguard multi-year monitoring period table

30 July 2020

Important information for responsible emitters

In response to the coronavirus (COVID-19) pandemic, amendments have been made to the National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015 in recognition of the widespread disruption that COVID-19 has caused for business operations. The amendments:

  • Retain reported baselines for an extra year (reported baselines now cease on 1 July 2021)
  • Extend calculated baselines that ceased on 1 July 2019, by a year (the expired calculated baseline will have effect for 2019-20, unless replaced with a new baseline determination)
  • Allow facilities to use site-specific values for calculated baselines that commence in 2020-21 (formerly 2019-20 was the last year)
  • Allow responsible emitters to opt-in to extend a multi-year monitoring period that ceases on 1 July 2020, by one year
  • Allow a new facility criteria calculated baseline to commence in 2020-21 at the latest (formerly 2019-20), and
  • Delay the introduction of benchmark baselines for new facilities by a year (now will commence 1 July 2021).

This follows another recent amendment to include prescribed production variables and default emissions intensities in Schedules 2 and 3 of the Safeguard Rule which means that applications can now use prescribed production variables and default emissions intensities.



Under section 65 of the National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015 (Safeguard Rule), responsible emitters may apply for a multi-year monitoring period to be declared in relation to a facility.

Where a multi-year monitoring period has been granted, the baseline emissions number for the facility is calculated as a single baseline number that applies across the entire multi-year monitoring period. At the end of the period, aggregate covered emissions for the two or three year period (plus or minus any Australian carbon credit units (ACCUs) issued or surrendered) are compared against this baseline number to determine whether the facility is in an excess emissions situation.

Note that in response to the coronavirus (COVID-19) pandemic, amendments were made in May 2020 to the National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015. This includes allowing responsible emitters to opt-in to extend a multi-year monitoring period that ceases on 1 July 2020, by one year.

The table below provides a consolidated view of data for multi-year monitoring periods that has previously been published in the baselines table and the annual safeguard facility reported emissions tables. This table aims to make information on multi-year monitoring periods easier to understand.

Multi-year monitoring period summary across facilities

DescriptionTotal
Number of multi-year monitoring period declarations31
Facilities with a multi-year monitoring period - ongoing22
Facilities with a multi-year monitoring period - completed9
Total number of ACCUs surrendered by facilities with multi-year monitoring periods that have been completed1,742
Estimate of total number of ACCUs likely to be surrendered by facilities with multi-year monitoring periods that are ongoing*

Lower estimate: 250,000

Upper estimate: 325,000


*Notes on estimate:

We are required to publish an estimate of the total number of ACCUs likely to be surrendered by facilities with multi-year monitoring periods during the next three years.

Preparation of the estimate is a data driven exercise, based predominantly on information provided by responsible emitters in applications. It should be viewed as indicative only.

The estimate has been derived by summing any estimated exceedances for facilities with multi-year monitoring periods that end over the three-year period, using the following inputs for each facility:

  • The estimated total emissions over the life of the multi-year monitoring period, provided by the applicants as part of the multi-year monitoring period application process.
    • This will be updated annually with actual emissions for the facility as data is reported under National Greenhouse and Energy Reporting (NGER) scheme and any other relevant information (such as forecasts that are required by legislation to be provided as part of calculated baseline applications).
  • A projected aggregate baseline for each facility over the life of the multi-year monitoring period – based on:
    • For fixed baselines: The assumption that the baseline in force for the first year of the multi-year monitoring period will be the same baseline for the entire period. This will be updated annually with any new baseline that comes into force.
    • For annually adjusting baselines: Based on estimated baselines provided as part of the multi-year monitoring period application process, updated annually as production data is reported as part of the NGER cycle.

The estimate does not equate to an estimate of current demand for ACCUs at a given point in time. The number of ACCUs surrendered will include ACCUs that are already held by responsible emitters or covered by forward contracts already in place.

Multi-year monitoring period table

The table below is a list of all multi-year monitoring periods and details of the facilities they relate to.

Downloadable version of the data

For the full data table, please download documentasset:Safeguard multi-year monitoring period table.

  
  
  
  
  
  
APU01 Pyrenees - AOA FacilityBHP PETROLEUM PTY LTD
1,101,190
1,101,190
1,765,149
Complete
Eastern Ridge MineBHP BILLITON IRON ORE PTY. LTD.
286,725
286,725
300,000
Complete
Multinet Principal Distribution Network and South Gippsland PipelineMULTINET GAS (DB NO. 2) PTY LTD
825,742
825,742
1,074,618
Complete
North West Shelf ProjectWOODSIDE ENERGY LTD.
22,690,232
22,690,232
22,712,787
Complete
Port Latta Pelletising PlantGRANGE RESOURCES (TASMANIA) PTY LTD
218,265
218,265
237,900
Complete
RailTHE PILBARA INFRASTRUCTURE PTY LTD
576,006
574,536
574,536
Complete
Rio Tinto WeipaRTA WEIPA PTY LTD
459,666
459,394
459,394
Complete
State Transit Bus OperationsSTATE TRANSIT AUTHORITY OF NSW
420,957
420,957
479,244
Complete
Wheatstone Project LNG Plant and Associated FacilitiesBECHTEL (WESTERN AUSTRALIA) PTY LTD
348,769
348,769
458,520
Complete
ARC01 Mining Area C - MNG FacilityBHP BILLITON IRON ORE PTY. LTD.
370,602
n/a
n/a
Ongoing
Capcoal MineANGLO COAL (CAPCOAL MANAGEMENT) PTY LIMITED
4,944,306
n/a
n/a
Ongoing
Caval Ridge MineBM ALLIANCE COAL OPERATIONS PTY LIMITED
503,745
n/a
n/a
Ongoing
Dongara OperationsADELAIDE BRIGHTON LTD.
106,316
n/a
n/a
Ongoing
Facility WA CTCCENTURION TRANSPORT CO. PTY LTD
102,688
n/a
n/a
Ongoing
Gorgon OperationsCHEVRON AUSTRALIA PTY LTD
17,992,544
n/a
n/a
Ongoing
Jimblebar MineBHP BILLITON IRON ORE PTY. LTD.
294,288
n/a
n/a
Ongoing
Kooragang IslandORICA AUSTRALIA PTY LTD
2,713,422
n/a
n/a
Ongoing
Liberty OneSteel Laverton Steel MillTHE AUSTRALIAN STEEL COMPANY (OPERATIONS) PTY LTD
224,387
n/a
n/a
Ongoing
LNG PipelineORIGIN ENERGY UPSTREAM OPERATOR PTY LTD
199,144
n/a
n/a
Ongoing
MoranbahINCITEC PIVOT LIMITED
Withheld
n/a
n/a
Ongoing
Moranbah North MineANGLO COAL (MORANBAH NORTH MANAGEMENT) PTY LIMITED
4,281,500
n/a
n/a
Ongoing
Mount Pleasant OperationsMACH ENERGY AUSTRALIA PTY LTD
185,921
n/a
n/a
Ongoing
NGPJEMENA NORTHERN GAS PIPELINE PTY LTD
162,441
n/a
n/a
Ongoing
ODS01 Olympic Dam – UOD FacilityBHP BILLITON OLYMPIC DAM CORPORATION PTY LTD
203,158
n/a
n/a
Ongoing
Portland Aluminium SmelterALCOA PORTLAND ALUMINIUM PTY LTD
1,154,693
n/a
n/a
Ongoing
Roy Hill MineROY HILL HOLDINGS PTY LTD
412,588
n/a
n/a
Ongoing
Sewerage EastMELBOURNE WATER CORPORATION
203,395
n/a
n/a
Ongoing
Solomon MineFMG SOLOMON PTY LTD
392,995
n/a
n/a
Ongoing
South Walker CreekBHP BILLITON MITSUI COAL PTY LTD
250,651
n/a
n/a
Ongoing
Tomago Aluminium SmelterTOMAGO ALUMINIUM COMPANY PTY LTD
1,185,710
n/a
n/a
Ongoing
1 - 30Next

Notes

The Year 1, 2 and 3 'Covered emissions' and 'Baseline number' columns will be updated each year to reflect the numbers that would apply to each facility if the multi-year monitoring period did not exist.

The 'Covered Emissions (Cumulative)' column will be updated each year to reflect the total covered emissions for the facility, over the multi-year monitoring period.

Prior to the end of a multi-year monitoring period, these columns can be used to follow a facility's progress across the multi-year monitoring period but cannot be used to determine whether the facility has exceeded its baseline.

For example, in the second year of a three-year multi-year monitoring period, the 'Covered Emissions (Cumulative)' column will be the sum of the Year 1 and 2 'Covered emissions' columns. The facility will still have another year's emissions to be added to see whether the facility meets its obligations.

The 'MYMP net emissions number' is the total covered emissions from the facility over the entire two or three period, plus or minus any Australian carbon credit units issued or surrendered over the period. This column will show as 'n/a', until the multi-year monitoring period has been completed. For completed multi-year monitoring periods, this column will match the 'Covered Emissions (Cumulative)' column.

Where a multi-year monitoring period has been granted, the baseline for the facility is calculated by dividing the total of the baselines that would apply to the facility in each year of the multi-year monitoring period, by the total number of days in the multi-year monitoring period. This single baseline applies to the two or three -year period. The 'MYMP baseline number' column will show as 'n/a', until the multi-year monitoring period has been completed.

At the end of the monitoring period, the 'MYMP net emissions number' is compared against the 'MYMP baseline number' to determine whether the facility is in an excess emissions situation.

At the end of a multi-year monitoring period, the 'MYMP status' will be marked as 'Complete'.



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