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LGCs
Lets us Help you Large Scale Energy Certificates Purchasing renewable energy is simple
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What are LGC's
Large-scale generation certificates (LGCs) are an instrument that is created and sold to incentivise the development of renewable energy power stations in Australia.
Accredited renewable generators are entitled to generate LGCs based on the amount of eligible electricity they produce from a renewable energy sources, which can be used by the owner or an electricity retailer to meet their renewable energy target obligations.
Accredited renewable generators are entitled to generate LGCs based on the amount of eligible electricity they produce from a renewable energy sources, which can be used by the owner or an electricity retailer to meet their renewable energy target obligations.
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LCG's Can be Sold
The Australian Government’s RET scheme incentivises investment in renewable energy power stations, such as wind and solar farms, and hydro-electric power stations, by legislating demand for Large-scale generation certificates (LGCs).
One LGC can be created for each one megawatt hour (1 MWh) of eligible renewable electricity generated.
LGCs can be sold to liable entities (mainly electricity retailers) who buy and surrender the LGCs to the Clean Energy Regulator to comply with their mandatory scheme obligations. In return, the LGCs provide the power station with a source of revenue in addition to the sale of the electricity generated.
One LGC can be created for each one megawatt hour (1 MWh) of eligible renewable electricity generated.
LGCs can be sold to liable entities (mainly electricity retailers) who buy and surrender the LGCs to the Clean Energy Regulator to comply with their mandatory scheme obligations. In return, the LGCs provide the power station with a source of revenue in addition to the sale of the electricity generated.
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Acess to LGCs
Green Exchange customers can access LGCs at fixed prices and terms, matching a set percentage of supply, with Green Exchange handling the administration and costs set out in monthly invoicing.
Whether your business is an accredited power station under the Large-scale Renewable Energy Target (LRET), or a liable entity required to buy and surrender LGCs on an annual basis or looking to voluntarily reduce carbon emissions, we can cut through the complexity for you.
Whether your business is an accredited power station under the Large-scale Renewable Energy Target (LRET), or a liable entity required to buy and surrender LGCs on an annual basis or looking to voluntarily reduce carbon emissions, we can cut through the complexity for you.
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