703Electricity baseline for product

#### 703 Electricity baseline for product The electricity baseline for calculating the amount of a liable entity’s exemption in respect of the production of chlorine gas and sodium hydroxide solution (caustic soda solution (NaOH(aq))) is 2.67 MWh per tonne of 100% equivalent sodium hydroxide (caustic soda (NaOH)) on a dry weight basis that: (a) is not recycled back into the emissions‑intensive trade‑exposed activity (such as a stream of sodium hydroxide solution (caustic soda solution NaOH(aq)) recycled back into the chemical treatment step); and (b) is contained within the sodium hydroxide solution produced by carrying on the emissions‑intensive trade‑exposed activity.