Power stations that generate electricity from eligible renewable energy sources can apply to participate in the Large-scale Renewable Energy Target (LRET). LRET accredited power stations can create and sell large-scale generation certificates (LGCs) for every one megawatt hour of eligible electricity generated.
The LRET scheme is high in demand, with the Clean Energy Regulator (CER) receiving over 20,000 applications each year – these applications include applying for power station accreditation, making variations to already accredited power stations or claiming LGCs.
It is a legal requirement that applications for accreditation must be 'properly made'. This includes the power station information, supporting documents, fees or any other materials required by the CER to process the application. The level of detail and relevant information will differ with each application type.
We have identified a consistent trend towards applications being submitted without all the required information. Incomplete applications lead to participants, and the CER, spending unnecessary time on applications which cannot be progressed.
To ensure the applications are processed successfully and in a timely manner, it is vital that participants submit applications with all of the required information necessary to make a decision.
To better manage incomplete applications, the CER is taking a more active stance in ensuring applications are properly made in accordance with the legislation. This stance includes:
An accreditation start date will be assigned to successful applications and is either the date of first generation for the power station or the date that the application is deemed properly made, whichever is later. The date that an application is properly made will be determined by the CER's assessment of the available information and whether the application satisfies all the requirements of the legislation. If the application is not properly made, it will not be considered by the CER and the power station will not be assigned an accreditation start date.
Please note that applications typically cannot be lodged as a complete application more than a few months ahead of project completion and the commencement of generation as all the information necessary to satisfy the requirements of the legislation may not be available. However, this timeframe may vary for different power stations. Applicants should be aware that information can be collated in an application draft format on the REC Registry prior to final submission to ensure all required information is provided.
Visit Step 3 – Completing and submitting your application of our 6 steps to power station accreditation web page for more information and resources including application completeness checklists.
We provide training for new participants and are available to help existing participants to meet and maintain the compliance requirements. Please contact us if you would like more information.
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