Partial exemption for emissions-intensive trade-exposed activities
The Act and Regulations include provisions to provide partial exemption from LRET and SRES liability for electricity used in prescribed emissions-intensive trade-exposed (EITE) activities. In order to receive exemption, companies that carry on EITE activities must apply to ORER for a Partial Exemption Certificate (PEC) and trade the PEC to the named liable entity (at a value negotiated between the EITE company and the liable entity). A PEC can provide the liable entity with a certain amount of megawatt-hours of exemption from liability when included in their annual reporting.
Role of the Office of the Renewable Energy Regulator
The ORER assists the Regulator in:
• maintaining several registers, which include the register of:
o registered persons;
o accredited power stations;
o small-scale technology certificates (STCs);
o large-scale generation certificates (LGCs);
o applications for accredited power stations;
• accrediting eligible renewable energy power stations;
• registering LGCs for accredited renewable energy power stations;
• registering STCs for solar water heater and small generation unit installations;
• managing and maintaining the online REC Registry and the STC Clearing House;
• monitoring compliance with the Act;
• communicating the Act and Regulations;
• updating and maintaining the Register of Solar Water Heaters;
• managing the partial exemption process for emissions-intensive trade-exposed industries.
Helpful Links
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Department of Climate Change and Energy Efficiency
For policy updates. The Federal Government also offers a solar water heater and heat pump rebate through the Energy Efficiency, Solar and Water Initiative in addition to STCs. For more information contact 1800 808 571.
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Glossary of terms of LRET/SRES
A glossary of acronyms and terminology relating to the new schemes.
http://www.orer.gov.au/publications/glossary-of-terms-lret-sres.html
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Clean Energy Council
Manages the accreditation of installers of small-scale solar photovoltaic, wind and hydro units and is the peak body representing Australia's clean energy sector.
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Green Power
An initiative for people/business' to voluntarily buy and surrender STCs.
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Living Greener
Is an Australian Government website containing information for householders to help them live more sustainably. This includes information on solar photovoltaic panels and small-scale wind and hydro units.
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Your Home
Is an Australian Government website that contains a suite of consumer and technical guide materials and tools developed to encourage the design, construction or renovation of homes to be comfortable, healthy and more environmentally sustainable.