Energy Resources Act - Draft Regulations
Consultation has concluded
Have your say on regulations to support the recently amended Petroleum and Geothermal (Energy Resources) Act 2023
What's being decided?
To maintain leading practice regulation of the petroleum, gas storage, pipeline transmission and geothermal energy industries in South Australia, the Department for Energy and Mining (DEM) is updating current regulations.
These proposed amendments have been developed based on extensive feedback received from industry and co-regulators, and the draft amendments have now been released for public comment.
Background
The Petroleum and Geothermal Energy (Energy Resources) Amendment Act 2023, which amends the Petroleum and Geothermal Energy Act 2000, passed the South Australian parliament in November 2023.
The amended Act will become operational once the associated regulations are established.
Extensive feedback was received during public consultations conducted in 2021, as well as consultation on a final draft Bill in November 2022. This feedback has informed the proposed regulations.
Notably, changes are proposed relating to the calculation of annual rental for the utilisation of a natural reservoir. The consultation guideline provides more information about these specific changes.
Get involved
Find out more by reading the following information:
- Petroleum and Geothermal Energy (Energy Resources) Amendment Regulations 2024
- Petroleum and Geothermal Energy Regulations 2013 with 2024 amendments
- Consultation Guideline, Rental - PGE Amendment Regulations Feb 2024
Have your say by:
What are the next steps?
We will consider your feedback following consultation, and the Petroleum and Geothermal Energy (Energy Resources) Act 2023 amendments, as well as the Regulations, will be proclaimed in the coming months.
