The Clean Energy Regulator (CER) engages consultants to analyse and model aspects of the Small-scale Renewable Energy Scheme (SRES), including:
The CER does not guarantee or accept any legal liability arising from or connected to, the accuracy, reliability, currency or completeness of any material contained in these reports.
The material in the reports does not necessarily reflect the views of the agency or indicate its commitment to a particular outcome or course of action. While the agency accepts the studies as opinions of these consultants, it recognises that there are many other opinions on the future uptake of small-scale renewables. The reports reflect STC numbers based on the scheme at the time.
Two consultants were engaged to estimate the number of STCs likely to be created in 2024, 2025 and 2026. The average of these estimates for each year in question is used to calculate the 2024 small-scale technology percentage (STP) and the 2025 and 2026 non-binding STPs.
The reports are based on data the CER gave to the consultants, current as at 31 October 2023.
The CER has engaged a number of consultants in previous years to provide forward estimates of the number of STCs likely to be created in those years.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.