Liable entities have an important role in achieving the Large-scale Renewable Energy Target of an additional 33 million megawatt hours of renewable electricity by 2020. They comply with their obligations by surrendering renewable energy certificates. In this way liable entities encourage generation of electricity from renewable energy sources within the Australian electricity sector.
For 2015, the compliance rate across both large-scale generation certificates and small-scale technology certificates was 99.7 per cent.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.
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