Skip Ribbon Commands
Skip to main content
Sign In

Glossary and abbreviations


ACCUs Australian Carbon Credit Units
Energy Security Fund A fund that:
  • provides transitional assistance to emissions-intensive generators
  • supports the closure of around 2,000 megawatts of highly emissions-intensive generation capacity before 2020.
GST Goods and services tax
notifiable incident An incident involving the death of a person, a serious injury or illness of a person, or a dangerous incident, as defined under Part 3 of the Work Health and Safety Act 2011.
OTN Register Obligation Transfer Number Register
REC Registry Renewable Energy Certificate Registry      
reasonable assurance audit A type of greenhouse and energy assurance engagement conducted by a qualified assurance practitioner to provide an independent conclusion as to the reliability, accuracy and completeness of the matters being audited. Reasonable assurance means a high, but not absolute, level of assurance.
secondary market The market for units or certificates issued by the Clean Energy Regulator that occurs between two entities not including the Clean Energy Regulator.
section 24(1) determination A legislative instrument made by an authorised person, under section 24(1) of the Public Service Act 1999, which sets out terms and conditions of employment. A determination may apply to an individual employee or a group of employees.
scope 1 emissions The release of greenhouse gas into the atmosphere as a direct result of an activity or series of activities (including ancillary activities) that constitute the facility. For example, the emissions produced when coal is burned at a power station are scope 1 emissions.
scope 2 emissions The release of greenhouse gas into the atmosphere as a direct result of one or more activities that generate electricity, heating, cooling or steam that is consumed by the facility but that do not form part of the facility.
STC Clearing House Small-scale Technology Certificate Clearing House

 

 

Documents on this page Documents on this page

Was this page useful?

LEAVE FEEDBACK
preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only