Wholesale purchasers of electricity, mainly electricity retailers, source large-scale generation certificates (LGCs) to meet their renewable energy obligations. If you are a liable entity, this information may assist you to meet your surrender obligations.

If you want to source LGCs, there are various options to consider including:

• buying LGCs on the secondary market
• buying LGCs direct from a renewable energy power station, and
• sourcing LGCs by establishing a large-scale renewable energy project.

How to buy LGCs on the secondary market

• Search online for traders and brokers of environmental certificates.
• Search holders of certificates in the REC Registry.

How to buy LGCs direct from a renewable energy generator

• Enter into a power purchase agreement with an accredited power station.

How to source LGCs by establishing a large-scale renewable energy project

• Eligible power stations can create and register LGCs.

Contracts for carbon and renewable market trades

The Australian Financial Markets Association (AFMA) has developed a number of resources to assist individuals and businesses participating or planning to participate in Australia's financial markets.

The AFMA provides environmental product documentation for spot contracts in the secondary market. Note that this document is not recommended for use when trading significant volumes or when dealing forward.

If you would like to discuss buying or sourcing LGCs, please contact the Clean Energy Regulator to see if we can help.

How to transfer LGCs in the REC Registry

Once you found a seller and bought LGCs, the seller will need to transfer the negotiated quantity of LGCs to your nominated REC Registry account.

To accept the transfer:

1. Log in to the REC Registry with your username and password.
2. Click on the 'Certificates and transfer' menu heading, then 'Certificate transfer'. The Certificate transfers page will display:

Screenshot of the "certificate transfers" page in the REC Registry.

3. To accept the incoming transfer, click the checkbox for the incoming transfer you would like to accept and then click the 'Accept selected transfer(s)' button.
4. Click the 'Accept' button to confirm acceptance of the transfer offer:

Screenshot of the "accept incoming transfers" page in the REC Registry.

5. You will be redirected back to the certificate transfers landing page and a confirmation message will display at the top of the page.