On 11 January 2023, the Minister for Climate Change and Energy revoked the industrial electricity and fuel efficiency method. New projects cannot be registered under the method. Projects that were already registered under it are not affected.
The industrial electricity and fuel efficiency method (the IEFE method) provided the rules for crediting the emissions reductions achieved by electricity and fuel efficiency activities such as upgrading pumps, heating, ventilation and cooling systems, boilers, and variable speed drive installations. These activities can now be undertaken under the industrial and commercial emissions reduction (ICER) method, which enhances and replaces the IEFE method including by supporting new abatement opportunities and improving usability.
Using the IEFE method
Projects already registered under the IEFE method can continue to use the method. New projects cannot be registered under the IEFE method from 11 January 2023.
The Clean Energy Regulator manages project registration, compliance and crediting of emissions reductions for projects under the ERF.
Visit the Regulator’s website for:
- information on the method and how to use it
- project planning guidance, including eligibility requirements and how to apply.
Past consultation on the method
The Emissions Reduction Assurance Committee (ERAC) conducts public consultation before giving advice about making, varying or revoking a method. Once finalised the ERAC advises the Minister on whether the new or varied method meets the offsets integrity standards.
During public consultation on the exposure draft of the ICER method in 2021, the ERAC consulted on the proposal to revoke the IEFE method if the ICER method was made. See the public consultation on the ICER method on our Consultation hub.
For reference, read also:
- the ERAC’s advice to the Minister on making the method in 2015 (PDF 1.2 MB)
- the ERAC’s advice to the Minister on varying the method in 2015 (PDF 370KB)
- the public consultation submissions on the draft IEFE method and 2015 variation
- the ERAC report and advice to the Minister on the crediting period extension review in 2021
- the ERAC's advice to the Minister on revoking the method (PDF 283 KB)
- the ERAC's advice to the Minister on revoking the method (DOCX 52 KB)
- Read about the Emissions Reduction Fund, including our department’s role
- Read about method development and available methods