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| Year | Emissions | Baseline | Gap | ACCUs | SMCs | Compliance |
|---|---|---|---|---|---|---|
| 24–25 | 317 kt | 367 kt | -50 kt | — | — | Under baseline |
Solomon Power Station is a electricity generation facility operated by FMG SOLOMON PTY LTD in WA. Like all covered facilities, industrial operations generate significant emissions. Under Australia's Safeguard Mechanism, Solomon Power Station must keep its annual emissions below a stepping-down baseline — or purchase carbon credits to cover any overage.
In 2023–24, Solomon Power Station came in under its baseline — reporting emissions of 317 kt against an obligation of 367 kt, a surplus of 50 kt. Facilities that come in under baseline can generate Safeguard Mechanism Credits (SMCs), which can be sold to facilities that need to cover an overage. Solomon Power Station generated 49,749 SMCs in 2023–24.
Across the electricity generation sector, 3 of 6 covered facilities reported emissions above their baseline in 2023–24. The table below compares Solomon Power Station with other electricity generation facilities covered by the Safeguard Mechanism.
| Facility | Operator | State | Emissions | vs Baseline | Compliance |
|---|---|---|---|---|---|
| Yarnima Power Station | BHP IRON ORE PTY LTD | WA | 348 kt | +19 kt | ACCU buyer |
| McArthur River Power Station | EDL NGD (NT) Pty Ltd | NT | 153 kt | +15 kt | ACCU buyer |
| Leinster Power Station | TEC DESERT PTY LTD | WA | 133 kt | +4 kt | ACCU buyer |
| Mt Keith Power Station | TEC DESERT PTY LTD | WA | 160 kt | -597 t | Under baseline |
| Solomon Power Station | FMG SOLOMON PTY LTD | WA | 317 kt | -50 kt | Under baseline |
| Newman Power Station | APA TRANSMISSION (ROY HILL) PTY LTD | WA | 376 kt | -115 kt | Under baseline |