The Clean Energy Regulator (the agency) administers the Renewable Energy Target (RET) scheme, which creates demand for renewable energy by requiring liable entities to surrender
large-scale generation certificates (LGCs) and
small-scale technology certificates (STCs).
A liable entity is a person or company who makes a
relevant acquisition of electricity. A relevant acquisition can include, but is not limited to:
Renewable Energy (Electricity) Act 2000 and
Renewable Energy (Electricity) Regulations 2001 specify the obligations for liable entities.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.