AGL Energy (AGL) welcomes the opportunity to provide input to the Victoria’s Industrial Renewable Gas Directions Paper (Directions Paper).
AGL is broadly supportive of the Victorian Government’s renewable gas policy direction as outlined in the Directions Paper and has made some key suggestions for the government to consider:
- One of the key actions to open up potential biomethane is to look to unlock feedstock. The government must ensure that the appropriate laws, guidelines and policies are in place to support access to feedstock for use in producing renewable gas.
- Look to include some risk mitigation options such as a certificate shortfall penalty price and regular reviews of the scheme to help protect consumers and producers from any unforeseen impacts from the scheme.
- If the scheme costs are to be recovered from all gas customers, the Victorian Government should ensure that it looks at ways to manage the diverse impacts that the scheme may have on different customer groups, with one potential solution being redistributing some of the scheme's revenue to support vulnerable customers, renters, and small-to-medium enterprises with unclear gas substitution pathways.
Read the full submission here.