Small-scale renewable energy systems and
large-scale renewable energy power stations can be used to generate power for our community, homes and businesses from sustainable natural resources, such as the sun, wind and water.
Participation in the
Renewable Energy Target includes:
The Small-scale Renewable Energy Scheme encourages investment in small-scale renewable energy, and creates a financial incentive for individuals and small businesses to install systems which produce electricity and deliver hot water.
To participate in the
Small-scale Renewable Energy Scheme, individuals and small businesses must choose and install a renewable energy system which meets the scheme's eligibility criteria.
Owners of eligible systems may be eligible to receive either an upfront discount off the total cost of their system, or a quantity of
small-scale technology certificates which can be created and sold following installation to recoup some of the cost.
Learn more about eligible small-scale systems and using a registered agent.
Under the Small-scale Renewable Energy Scheme, retailers, traders and installers of small-scale systems may also
apply to the Clean Energy Regulator to become a registered agent.
Large-scale Renewable Energy Scheme creates a financial incentive for the establishment and growth of
renewable energy power stations, such as wind and solar farms, or hydro-electric power stations.
To participate under the
Large-scale Renewable Energy Scheme,
renewable energy power stations must generate electricity from eligible natural resources such as the sun, wind, ocean waves and the tide, geothermal-aquifers, wood waste, agricultural waste, bagasse (sugar cane waste), black liquor (a by-product of the paper-making process), or landfill gas.
A full list of eligible renewable energy sources is in the
Renewable Energy (Electricity) Act 2000—the legislation which underpins the Renewable Energy Target.
Renewable energy power stations that meet the eligibility criteria and become accredited under the scheme are entitled to create large-scale generation certificates—which can be sold and traded to off-set the cost of investment.
The Large-scale Renewable Energy Target also imposes a legal obligation on liable entities to buy and surrender certificates to the Clean Energy Regulator on an annual basis. The amount of certificates liable entities are required to surrender to meet their legal obligation is determined through the small-scale technology percentage and renewable power percentage.
Learn how to gain accreditation for a renewable energy power station under the Large-scale Renewable Energy Target, buying and selling large-scale generation certificates, and surrendering large-scale generation certificates to meet scheme compliance obligations.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.
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