The Business Operating Model (BOM) describes
how the Clean Energy Regulator will operate in
terms of its functions, processes, capabilities, and
key information flows to ensure the Regulator is
well placed to meet its obligations consistently
and efficiently. The BOM is also intended to inform
and guide the structure of the organisation as
new capabilities are developed and integrated
and similar functions across schemes are aligned.
The BOM provides a cascading view of the Clean
Energy Regulator which describes each element
in progressively greater detail, from the following
overarching set of functions.
- The scheme eligibility function assesses whether
a client qualifies to receive a service or to hold an
account with the Clean Energy Regulator.
- The scheme entitlement function assesses client
entitlements.
- The data collection function facilitates the
collection and disclosure of certain emissions and
energy data under the National Greenhouse and
Energy Reporting Scheme and the Renewable
Energy Target.
- The market operations function facilitates
transactions in Carbon Units and Renewable
Energy Certificates and publishes data to support
transparency and predictability in the markets.
- The liability calculation and accounting function
calculates client liability and accounts for financial
and unit transactions.
- The corporate and enabling services function
provides services which enable the Clean Energy
Regulator to meet its statutory obligations in
addition to other supporting capabilities which
enable it to administer specified legislation.
- The compliance monitoring and enforcement
function monitors compliance across regulatory
schemes and takes appropriate and proportionate
action to address non-compliance with the climate
change law.
- The intelligence analysis and regulatory risk
management function analyses strategic information
captured by the Clean Energy Regulator to identify
likely non-compliance and client compliance
competency, assessment of risk and opportunities
for continuous improvement.