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Large-scale Renewable Energy Target supply data

22 February 2024

Contents

Every month the Clean Energy Regulator publishes Large-scale Renewable Energy Target supply data files to track investment in renewable energy.

These data files provide information about:

  • approved power stations
  • committed and probable projects, and
  • total large-scale generation certificates (LGCs) in the REC Registry.

The number of LGCs held in the REC Registry and the megawatt capacity of approved power stations helps participants to quantify the level of supply in the market. LGCs held in the REC Registry move between accounts regularly, so registered holdings data should be considered as a guide only.

In 2023, 1.2 GW of capacity reached a final investment decision and has been added to the committed category.

This data is from 1 January 2024 to 31 January​ 2024. For data by month use the download below.

Total LGCs and capacity of approved power stations in 2024​

Downloadable data

documentasset: Total LGCs and capacity of accredited power stations

Total LGCs in the REC RegistryMW of approved power stations (since 1 Jan 2023)Approved power stations (since 1 Jan 2023)As at
47,793,810
9.6
29
31 January 2024

Power stations and projects by status

Downloadable data

This data is accurate as at 31 January 2024​. ​For detailed information on approved power stations, committed and probable projects by status, please see the table below or use the downloadable files.

All data in Excel format

Raw data in CSV format

Note: Sorted by most recent approval.


Note: Sorted by highest MW capacity.​

​ ​

Note: Sorted by highest MW capacity.

​ ​​ ​

Please note:

  • We track public announcements and the above information may not be complete and may change retrospectively. If you see any omissions, please email CER-RETMetrics@cer.gov.au.
  • From July 2023, reporting of power station capacity changed from using accreditation start date to power station approval date. This will assist in reconciling current year approvals with historic data.
  • The approved power station table forms part of the register of accredited power stations and data in this table will be incorporated into the register on a periodic basis.
  • The approved power stations table does not include power stations that have been approved prior to 1 January 2024.
  • For data on power stations accredited before 2024​ see the historical Large-scale Renewable Energy Target supply data.

Glossary of terms

​ ​ ​
ProgressDescription
Accreditation start date

An accreditation start date is assigned to each successful accreditation application. This start date indicates when a power station can claim large-scale generation certificates (LGCs) from. This date is determined to be either the date of first generation for the power station or the date that the application was considered to be properly made, whichever is the later of the two dates.

The accreditation start date is typically before the approval date due to the nature of the assessment process. LGCs can only be created for generation that occurs on or after the accreditation start date.

For further details refer to Step 6 of our applying for accreditation guidance.

Approval date

The date that the renewable energy power station was approved under the Large-scale Renewable Energy Target by the Clean Energy Regulator.

Accredited renewable power stations

Large-scale renewable energy power stations that have been accredited.

Committed projects

Committed projects refers to large-scale renewable energy projects that have received all development approvals and reached a final investment decision (FID) according to the commercial understanding of the term.

The committed date field is based on the date that FID was reached as reported in open source media. Where a FID date has not been announced, the construction start date or the LRET accreditation application date has been used as a proxy for the FID date. While care is taken to accurately report FID dates, accuracy depends on information found in open source publications and is subject to change.

Probable projects

Probable projects have a high degree of confidence that they will proceed following a public announcement of a power purchase agreement with a strong counter party or other evidence of funding.


Total large-scale generation certificates in the REC Registry

Downloadable data

For detailed information on total large-scale generation certificates in the REC Registry use the download below. For a subset of this data see the below table.

documentasset:Total large-scale generation certificates in the REC registry

Please note: this data does not include any LGC holdings in suspended accounts.

Total investment in wind and solar generation capacity 2016-2023​

YearUtility scale wind and solar FID (MW)SRES capacity (MW)*Total (MW)
20161,3267482,073
20174,0191,1195,138
20184,8741,6176,492
20192,3342,1654,499
20203,241​
2,965​
6,206​
20212,963​
3,193​
6,155​
20224,494​
2,791​
7,285​
2023 
1,236​
3,074​
4,193​

* Installation data has been used as a proxy for investment under the SRES

# 2023 installation capacity has been lag-adjusted to account for 12-month creation rule

Note: A 12 month creation period for registered persons to create small-scale technology certificates applies under the Renewable Energy (Electricity) Act 2000. The 2022 and 2023 SRES capacity may change. Data is correct as at 31 December 2023.​​


 
 


 

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