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Large-scale Renewable Energy Target market data

17 October 2017

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
  • ensure all market participants have equal access to data
  • 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 1 September 2017.

Progress towards the 2020 Renewable Energy Target

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

The target is in reach, with 14,620MW of capacity accredited and another 4,697MW of capacity currently firmly announced.

In 2016 we said for the 2020 target to be reached the total capacity of new renewable energy power projects required through to 2018 was 6000MW. 86 per cent of these new renewable energy projects required are now accredited or firmly announced.

Infographic displaying data graph progressing 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

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 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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