Outcome: 1. Environment	Question No:	  59
Sub Outcome:	Increased Renewable Energy Generation
Division/Agency:	Office of the Renewable Energy Regulator
Topic:	Renewable Energy
Hansard Page ECITA:	54-55

Senator Allison asked:
Has any retailer been fined so far for failing to achieve the target of their REC?  Can you name them? 

Answer:
Several parties have been noted as having a shortfall in renewable energy certificates since the measure started operation in 2001.  Not all of these parties are necessarily ‘retailers’ but many are, and not all of these parties have been ‘fined’ (paid a shortfall charge). 

The following table shows all the parties still having a shortfall for the compliance years 2001 to 2004. This information was publicly released on 21 November 2005.

Liable Party with a Shortfall 	Compliance Years with Shortfall	
Aurora Energy Pty Ltd	2003, 2004	
Bulwer Island Energy Partnership	2001, 2002, 2003, 2004	
Newmont Mining Services Pty Ltd	2004	
NT Power Generation Pty Ltd	2001	
Perth Energy Pty Ltd	2003, 2004	
Redbank Project Pty Ltd	2001, 2002	
Synergen Power Pty Ltd	2001	
Victoria Electricity Pty Ltd 	2004	
Yamasa Seafood Pty Ltd	2001, 2002, 2003, 2004	

Note
1.	Only some of the above liable parties are ‘retailers’
2.	Only some of the above liable parties were ‘fined’ (paid a shortfall charge). Liable parties that have a shortfall within 10% of their total renewable energy certificate (REC) liability for a given compliance year are allowed under the legislation to carry forward the REC shortfall to the next compliance year without paying the shortfall charge. Liable parties that are over the 10% limit are required to pay the shortfall charge for their entire shortfall.