The Clean Energy Regulator is committed to supporting market integrity by ensuring all units and certificates are validly created, generated and issued under each scheme, before they are made available on the market.
The systems we use under each scheme form an integral part of this process, including how we register and track units and certificates.
The Australian National Registry of Emissions Units (ANREU)
Under the Emissions Reduction Fund, Australian carbon credit units are issued to scheme participants through the Australian National Registry of Emissions Units (ANREU). The ANREU also allows scheme participants to track the location an ownership of Australian carbon credit units.
The Clean Energy Regulator has a rigorous account application process in place for all new participants to the Emissions Reduction Fund, with regular monitoring of all unit transactions that are made through the ANREU.
To prevent or minimise abuse or criminal activity within the ANREU, the Clean Energy Regulator also has powers to close, suspend, or apply conditions to accounts and to defer or refuse an instruction to transfer units.
The Renewable Energy Certificate Registry (REC Registry)
Under the Renewable Energy Target, large-scale generation certificates and small-scale technology certificates are created, transferred and surrendered by scheme participants through the Renewable Energy Certificate Registry (REC Registry).
The Clean Energy Regulator also administers the STC clearing house where small-scale renewable energy system owners and registered agents have the option to sell small-scale certificates (STCs), and liable entities have the option to buy small-scale certificates to meet their obligations under the Renewable Energy Target.
The Clean Energy Regulator records all transactions performed through the REC Registry and uses this information to manage, audit and report on certificates and the renewable energy market.
Another important aspect of supporting market integrity is inter-agency cooperation with the Australian Securities and Investments Commission (ASIC) and the Australian Competition and Consumer Commission (ACCC) .
If you have any concerns about potential fraud or market misconduct please contact the appropriate authority with your concerns and see the Clean Energy Regulator fraud policy for more information.