Power stations that generate electricity from an eligible renewable energy source can apply to participate in the Large-scale Renewable Energy Target (LRET) by
applying to become an accredited power station.
The
Renewable Energy (Electricity) Act 2000 and
Renewable Energy (Electricity) Regulations 2001 specify the requirements that a power station must meet for accreditation.
Once a power station has been accredited, large-scale generation certificates (LGCs) can be created for electricity generated from the power station’s renewable energy sources. LGCs can only be created for generation that occurs on and after its accreditation start date.
LGCs can be sold to entities with liabilities under the LRET (mainly electricity retailers) to meet their obligations, or to companies looking to voluntarily offset their energy use or emissions.
The key steps involved with participating in the LRET (for power stations) are obtaining power station accreditation, creating LGCs, and maintaining power station accreditation. The graphic below provides links to further information on these steps.
Power stations can apply for accreditation until 2030
when the LRET is legislated to end.
A list of accredited power stations is available on the
Register of accredited power stations.
Participating in the Large-scale Renewable Energy Target
Applying for accreditation
Create LGCs
Once your power station has been accredited you can create LGCs for electricity generated from eligible renewable energy sources.
Please note:
- One LGC can be created for one MWh of eligible electricity generated by the power station.
- LGCs can be created on a monthly basis, throughout the year or created annually.
See
large-scale generation certificates for further information.
Maintain accreditation
Variations
You will need to advise the Clean Energy Regulator of any changes to your power station's components and apply to vary your power station's accreditation.
You will need to advise the agency if the owner, operator or nominated person for your power station changes, and apply to vary the nominated person if required.
Electricity generation return (EGR)
Submit an annual electricity generation return, including information showing that you maintain compliance with your permit conditions.
See to
compliance and reporting for further information.