Samsung Televisions Greenhouse Gas Reduction Potential, Savings in CO2 Emissions − BAU and Meps

MEPS − Televisions April 2005

from the Australia New Zealand Trade Ministers' Meeting in 2003 stated that: “To this end, we are committed to ensuring that the Arrangement is supported by the continued development of joint Australian and New Zealand standards. We recognise the importance of joint standards to our business communities.”

There are no specific dispute resolution procedures. The close and long-standing political relationship between Australia and New Zealand means that any issues of grievance or concern are addressed through discussion between the two governments. The effect of the TTMRA is that if Australia has a MEPS regime, whilst New Zealand does not, theoretically it would be possible to import non-compliant TVs to Australia on the grounds that the equivalent set was acceptable for sale in New Zealand. In practice the selling margin between the two grades of set, would not be sufficient to offset the loss of marketing edge of such a move. Thus the dangers are more apparent than real.

9.3Greenhouse Gas Reduction Potential

Avoided power costs are usually considered to save energy at marginal generation costs, which are thermal, and thus emit CO2. The methodology is demonstrated in some detail in Meridian’s Te Āpiti design document15 which shows a CO2 emission factor for thermal generation rising from of 572 g CO2/kWh in 2005, to 698 g CO2/kWh in 2025. The average over this 20 year period is 635 g CO2/kWh.

Annual energy savings increase from 8 GWh in 2006 to 29 GWh in 2025, with a cumulative saving in this period of 392 GWh. The greenhouse gas reduction inherent in these figures increases from 4,700 tonnes CO2-e/yr in 2006 to 20,000 tonnes CO2-e/yr in 2025. The net present value of the cumulative savings costed at $15 per tonne, a conservative figure based on estimates of the charge likely to apply from 1 April 2007, and a discount factor of 10% is $10.78 million.

Figure 3 − Savings in CO2 Emissions − BAU and MEPS.

		0.50
		0.45
-e/yr		0.40
		0.35
Emissions (MT	CO2)	0.30
		0.25								Emissions MT CO2-e/yr (BAU)
		0.20
		0.15								Emissions MT CO2-e/yr (MEPS)
		0.10
		0.05
		0.00
		2004	2006	2008	2010	2012	2014	2016	2018	2020	2022	2024

15Te Āpiti Wind Farm Project: Project Design Document (ERUPT 3) www.senter.nl/sites/erupt/contents/i001413/ meridian_energy_eru _03_

06_pdd_final.pdf

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A study produced for the Energy Efficiency and Conservation Authority by

Wise Analysis Ltd