Between January 2001 and 1 January 2011 there was little distinction under the Renewable Energy Target (RET) between large scale renewable energy generators like wind farms or large hydroelectric dams and small scale renewable energy technologies available to install in Australian homes.
On 1 January 2011 the RET scheme was split into the Large-scale Renewable Energy Target (LRET) and the Small-scale Renewable Energy Scheme (SRES).
- There are still a few Large-scale Generation Certificates (LGCs) to be created for systems installed up to and including 31 December 2010. However, fewer and fewer are now being created for small generation units and solar water heaters.
- Large-scale renewable energy projects such as wind and solar farms and hydro-electric schemes are entitled to create LGCs after 1 January 2011.
- An LGC is equivalent to 1 MWh of renewable electricity generated above the power station baseline.
Green Energy Trading buys, creates and sells LGCs, however we do request that clients make contact with us to discuss the services we can provide.
For more information download the Information Sheet 'Registering as a Power Station'.
The Victorian Government announced Policy and planning guidelines for development of wind energy facilities in Victoria in August 2011, click here for their full policy document.