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Administration

22 September 2016
RET

The Clean Energy Regulator administers the Renewable Energy Target in line with its objectives:

  • efficient and effective administration
  • engaged, active and compliant clients
  • a trusted, relevant and expert institution, and
  • secure and enduring infrastructure.

It provides the supporting structure for the Renewable Energy Target including facilities for registering and trading renewable energy certificates, and ongoing stakeholder and client liaison, education and compliance activities to help ensure the efficiency and integrity of the market.

The REC Registry

The REC Registry is the secure online system for all transactions under the Renewable Energy Target including creating, registering, selling, trading and surrendering certificates. The REC Registry also provides access to several public registers that contain data about the Renewable Energy Target.

The Clean Energy Regulator does not oversee transfer or payment arrangements for certificates transferred through the REC Registry. Buyers and sellers negotiate this directly as per the business contracts they sign.

The Clean Energy Regulator does not regulate certificate prices. This process is market-driven, with the price of certificates determined by factors including supply and demand.

Renewable Energy Target policy

The Department of the Environment and Energy​​ ​handles all policy issues relating to the Renewable Energy Target.

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