Under the Large-scale Renewable Energy Target, eligible renewable energy power stations may apply for accreditation to create, buy and sell large-scale generation certificates.
Once the accreditation fee has been received, the Clean Energy Regulator will assess the application on its merits under section 14 of the
Renewable Energy (Electricity) Act 2000.
Part of assessment process conducted by the Clean Energy Regulator includes setting the baseline.
During the process of accreditation for a power station, the Clean Energy Regulator must determine its baseline.
A baseline for a power station is determined by using:
For existing power stations, the baseline is calculated on the electricity generated prior to 1997 (when the scheme was first proposed), and generally by using the average amount of annual electricity generated from eligible renewable energy sources in 1994, 1995 and 1996. The result of this calculation forms the baseline, and all renewable energy generated above this baseline may be eligible for large-scale generation certificates. Special baselines are determined by the Clean Energy Regulator if generation data is not available from the 1994, 1995 and 1996 generation years.
All new power stations, or power stations that first generated electricity on or after 1 January 1997 have a baseline of zero, and all eligible renewable energy generated by these power stations eligible for large-scale generation certificates.
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