An emissions abatement Cost Curve for Hepburn Shire
Carbon sequestration
Emissions Reduction
Energy Efficiency
Fuel Switching
Renewable Generation
Cost of abatement
$ per tonne of carbon
Emissions abatement
tonnes of carbon dioxide per annum
COMPARING OPTIONS TO TRANSITION TO ZERO NET EMISSIONS
2029 emissions
reduction target of
296,300 tCO2-e
GreenPower
premium of
~ $46 per
tCO
2
-e
Resident ride share/
active transport
-$532.4 per tCO
2
-e
Low emission
passenger vehicles
-$519 per tCO
2
-e
Low emission
LCVs and trucks
-$451 per tCO
2
-e
Residential
thermal fabric
-$439 per tCO
2
-e
Elecric Vehicle
transition
-$225 per tCO
2
-e
Efficient
residential lighting
-$159 per tCO
2
-e
Efficient residential
appliances
-$116 per tCO
2
-e
Business energy
efficiency
-$109 per tCO
2
-e
Resi Solar with
Microgrid VPP
-$84 per tCO
2
-e
Business Solar
-$72.1 per tCO
2
-e
Residential Solar PV
-$61.2 per tCO
2
-e
Residential Solar
with storage
-$52.8 per tCO
2
-e
Residential Hot water
heat pump
-$18.6 per tCO
2
-e
Hepburn Shire
bioenergy project
-$9.7s per tCO
2
-e
Dairy cattle
feed additives
$9.3 per tCO
2
-e
Beef cattle
nitrates
supplements
$10.3 per tCO
2
-e
Soil carbon
sequestration
$10.7 per tCO
2
-e
Beef cattle
herd management
$11.6 per tCO
2
-e
Climate smart farms
$13.4 per tCO
2
-e
Zero wastewater
emissions
comittment
$15 per tCO
2
-e
Zero kerside waste
emissions comittment
$15 per tCO
2
-e
Reforestation
$18 per tCO
2
-e
Utility scale Wind (15MW)
$51.7 per tCO
2
-e
Utility scale solar (20 MW)
$69.0 per tCO
2
-e
HW solar farm
$62.1 per tCO
2
-e
Biodiesel
for trucks
$69.3 per tCO
2
-e
Retrofit to
all-electric
homes
$280 per tCO
2
-e
28.5% of abatement
can be achieved by
actions that are financialy
beneficial to investors
Residential heating
and cooling upgrade
$5.6 per tCO
2
-e
Types of abatement projects
Transport options that reduce
fuel usage and costs modeled
with zero marginal cost (i.e.
from a natural turnover of
fleet or behaviour change)
Mid-scale renewable energy projects are
modeled from an expected levelised cost of
generation and export, relative to grid electricity
50,000
100,000
250,000
150,000
200,000
300,000
200
100
0
-100
-200
-300
-400
-500