The 2016 small-scale technology percentage is 9.68%.
This is equivalent to approximately 16.95 million
small-scale technology certificates.
The small-scale technology percentage is used to regulate demand for small-scale technology certificates each year.
The small-scale technology percentage is calculated based on the:
The full impact of increases in 2015 exemptions due to the move from partial to full exemption has been taken into account in the calculation of the 2016 RPP and STP.
The Clean Energy Regulator publishes the small-scale technology percentage by 31 March each year.
The Clean Energy Regulator engages qualified consultants to provide estimates of small-scale technology certificate creation each year. These estimates, underpinned by market analysis inform the setting of the small-scale technology percentage.
If the small-scale technology percentage is not published by 31 March, a default formula will apply as stated under the Renewable Energy (Electricity) Act 2000. For more information about the default formula refer to section
40A (2) of the act.
Liable entities apply the small-scale technology percentage to calculate the number of small-scale technology certificates they must surrender in a given year. If a liable entity does not surrender enough certificates to meet its liability, it may be subject to a
small-scale technology shortfall charge.
The Clean Energy Regulator may also publish a non-binding estimate forecasting the small-scale technology percentage for the next two years. These estimates indicate what the small-scale technology percentage could be in future years allowing liable entities time to budget and plan for their small-scale technology certificate acquisition strategies each year. The non-binding estimate for 2017 is 9.02 per cent and 8.31 per cent for 2018.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.