Energy Efficiency Economics & Markets

Assessment of proposed New VEET activities and development of deemed savings estimates

Client: Department of Primary Industry, Victoria

The Victorian Energy Efficiency Target scheme, promoted as the Energy Saver Incentive scheme, is a mandatory energy efficiency target schemes which places legislative requirements on energy retailers in Victoria to save a minimum amount of energy. EnergyConsult reviewed proposals for potential over 20 new activities in the VEET scheme to determine technical feasibility, potential energy savings, implementation viability and risks, and compliance and verification implications.  For activities that might be included in the scheme, further research on the likely implementation of the activities and their energy savings was undertaken, and EnergyConsult then developed deemed emission savings estimates for relevant activities.