The Clean Energy Regulator administers the Renewable Energy Target in line with its objectives:
It provides the supporting structure for the Renewable Energy Target including facilities for registering and trading renewable energy certificates, and ongoing stakeholder and client liaison, education and compliance activities to help ensure the efficiency and integrity of the market.
REC Registry is the secure online system for all transactions under the Renewable Energy Target including creating, registering, selling, trading and surrendering certificates. The REC Registry also provides access to several public registers that contain data about the Renewable Energy Target.
The Clean Energy Regulator does not oversee transfer or payment arrangements for certificates transferred through the REC Registry. Buyers and sellers negotiate this directly as per the business contracts they sign.
The Clean Energy Regulator does not regulate certificate prices. This process is market-driven, with the price of certificates determined by factors including supply and demand.
Department of Agriculture, Water and the Environment handles all policy issues relating to the Renewable Energy Target.
About The Clean Energy Regulator
Carbon Farming Initiative
Carbon Pricing Mechanism
National Greenhouse And Energy Reporting
Renewable Energy Target
Emissions Reduction Fund
Our Systems And Their Resources
Clean Energy Markets
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.