Bill
Australian Local Power Agency Bill 2021
lapsed, as at 2021-10-19. (s) HAINES, Helen, MP portfolio.
- Sponsor
- Helen Haines
- Portfolio
- (s) HAINES, Helen, MP
Recorded stages
- introduced — 2021-02-22
- second reading — 2021-02-22
- other — 2021-10-19
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2021-02-22.
The bill would create a new government body called the Australian Local Power Agency to boost investment in community energy projects and ensure regional areas benefit from renewable energy.
The agency would provide financial help, technical support, and investment for community energy projects, and also collect research and advise the minister.
From 1 July 2023, large renewable energy projects over 10MW would need ministerial approval, which requires offering locals within 30 kilometres at least 20% of the project's profits.
- Establishes the Australian Local Power Agency as a corporate Commonwealth entity.
- Gives the agency functions to provide financial assistance, technical support, and investment for community energy projects.
- Creates a requirement for large renewable energy projects over 10MW to offer at least 20% of profits to locals within 30 kilometres.
- Requires ministerial approval for such projects from 1 July 2023, based on ALPA advice that locals had a reasonable investment opportunity.
- Sets up an ALPA Board, CEO, and CFO, with the Board developing a general strategy and the minister approving it.
- Establishes an Investment Mandate for the agency's investment function, developed by the minister after consulting the Board.
Regional communities, organisations developing community energy projects, and large renewable energy project developers.
Sources
em
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