Australia’s Guarantee of Origin Scheme: consultation on scheme design, emissions accounting and renewable electricity certification

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Below baseline: Power stations that have Renewable Energy Target baselines are proposed to be eligible to create REGO certificates for ‘below baseline’ generation.

Electricity storage: Electricity storage is proposed to be eligible to create REGO certificates where it can be demonstrated that renewable electricity has been stored, with detailed arrangements to be outlined in regulations. The approach paper provides details of a proposed method for electricity storage facilities to prove they have stored renewable electricity in Section 1.3.

Surrender restrictions: The REGO scheme legislation is proposed to include a provision allowing regulations to be made that could limit the surrender of REGO certificates for ‘below baseline’ generation prior to 2030.

Below-baseline status: Below-baseline REGO certificates are proposed to be clearly differentiated from other certificates. Stakeholder views are invited on how this should be implemented.

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