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Large-scale Renewable Energy Target market data

18 October 2018

Contents

​The Large-scale Renewable Energy Target creates a financial incentive for the installation of renewable energy power stations. The target is designed to reduce emissions in the electricity sector and encourage additional generation from sustainable and renewable sources.

Investment in the renewables industry is dependent on the long-term economics of specific projects and is influenced by a range of market factors. Investors make informed decisions by analysing the available market data.

We are providing market information in an accessible format to:

  • increase transparency
  • track progress towards achieving the 2020 Renewable Energy Target​
  • provide information about the supply and demand factors that influence the Renewable Energy Target​
  • ​drive investments in renewable energy generation technologies, and
  • assist liable entities to comply with the scheme.​

Updated data will be published every month.​

This data is current as at 30 September 2018.

Progress towards the 2020 Renewable Energy Target

The Australian Government has set a Renewable Energy Target of 33,000 gigawatt hours of additional renewable energy generation by 2020.

In 2016 the Clean Energy Regulator estimated that for the 2020 target to be reached the total new capacity of renewable energy power projects required to be committed through to the end of 2018 was 6000 MW. Due to a higher proportion of solar projects in the pipeline than expected the Clean Energy Regulator estimated that 6400MW would now be required to reach the target.

The infographic below tracks proje​ct developments since 1 January 2016. Probable, committed and accredited projects are included to show progress towards the 2020 Renewable Energy Target.​​

Infographic displaying data graph progressing towards the 2020 Reneweable Energy Target 
The chart below tracks project developments since 1 January 2016. Probable, committed ​and ac​credited projects are included to show progress towards the 2020 Renewable Energy Target.​​
Infographic displaying pipeline data for progress towards the 2020 Reneweable Energy Target 

Supply data

Every month the Clean Energy Regulator publishes Large-scale Renewable Energy Target supply data files to track investment in renewable energy.

View the detailed Large-scale Renewable Energy Target supply data.

Demand data

Demand data provides information about statutory demand for large-scale generation certificates.

View the detailed Large-scale Renewable Energy Target demand data.

The Clean Energy Regulator Act 2011 permits the Clean Energy Regulator to publish information that is already available to the public in an accessible form. This includes data from the REC Registry and information from other publicly available sources.

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