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