Renewable Energy Certificates Registry
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The Renewable Energy Certificates Registry (REC-registry) is an internet-based registry system in Australia for renewable energy certificates (RECs). If an Australian organization installs a
green energy Energy is sustainable if it "meets the needs of the present without compromising the ability of future generations to meet their own needs". Most definitions of sustainable energy include considerations of environmental aspects such as greenho ...
installation (solar energy, wind energy, etc.), they can apply for RECs to offset consumption of
fossil fuels A fossil fuel is a hydrocarbon-containing material formed naturally in the Earth's crust from the remains of dead plants and animals that is extracted and burned as a fuel. The main fossil fuels are coal, oil, and natural gas. Fossil fuels ...
. The REC-registry was established by the Australian Renewable Energy (Electricity) Act 2000 (the Act), and is maintained by the
Clean Energy Regulator The Clean Energy Regulator is an Australian independent statutory authority responsible for implementing legislation to reduce carbon emissions and increase the use of clean energy. Based in Canberra, Australia, the Clean Energy Regulator was ...
. The REC-registry: * facilitates the creation, registration, transfer and surrender of large-scale generation certificates (LGCs) and small-scale technology certificates (STCs)], * tracks the ownership and status of all certificates, * provides access to the STC clearing house, and * maintains various public registers as required by the Act. Prior to 1 January 2011, the primary mechanism in the Energy policy of Australia#Renewable energy targets, renewable energy target (RET) was the renewable energy certificate (REC). From 1 January 2011 RECs were split into small-scale technology certificates (STCs) and large-scale generation certificates (LGCs). RECs are still used as a general term covering both STCs and LGCs. All certificates must be created in the REC-registry{{Cite web, url=https://rec-registry.gov.au/rec-registry/app/home#:~:text=The+REC+Registry+is+an+online+system+that:,provides+access+to+the+STC+clearing+house,+and, title=REC Registry home, first=c=AU; o=Commonwealth of Australia; ou=Clean Energy, last=Register, website=rec-registry.gov.au before they can be bought, sold, traded or surrendered. Participants must hold an account and be registered as a REC-registry user to create, view or transfer certificates.


References


External links


REC Registry Web Site

ORER Web site
Renewable energy in Australia Renewable energy certification