Clean Energy Regulator

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Clean Energy Regulator
Agency overview
Formed 2 April 2012 (2012-04-02)
Type statutory authority
Jurisdiction Commonwealth of Australia
Headquarters Canberra
Annual budget Clean Energy Regulator Budget information is located here
Minister responsible
Agency executive
  • Chloe Munro
Parent department Department of the Environment
Website www.cleanenergyregulator.gov.au

The Clean Energy Regulator is an Australian independent statutory authority responsible for administering legislation that will reduce carbon emissions and increase the use of clean energy. The Clean Energy Regulator, based in Canberra, was established on 2 April 2012 [1] as an independent statutory authority under the Clean Energy Regulator Act 2011.[2] The agency is part of the Environment and Energy portfolio.

The Clean Energy Regulator tabled the 2015 Renewable Energy Target Administrative Report and Annual Statement on 3 May 2016. The report covers the operations of the Renewable Energy (Electricity) Act 2000 for the 2015 calendar year and the Renewable Energy Target 2015 Annual statement and supporting information about progress towards meeting the revised 2020 Large-scale Renewable Energy Target.[3]

Functions[edit]

The Clean Energy Regulator has administrative responsibilities in relation to the Renewable Energy Target, the Emissions Reduction Fund, the National Greenhouse and Energy Reporting Scheme and the Australian National Registry of Emissions Units (ANREU).[4] The National Greenhouse and Energy Reporting Scheme provides a national framework for carbon accounting, energy production and energy consumption.[5]

The Clean Energy Regulator administers the Renewable Energy Target's two schemes:[6]

The Emissions Reduction Fund is a voluntary scheme that aims to provide incentives for a range of organisations and individuals to adopt new practices and technologies to reduce their emissions.

Annual statement of progress towards the 2020 target[edit]

On 23 June 2015 the CER Act was amended to implement the Government's changes to the Renewable Energy Target. The new target is for large-scale generation of 33,000 gigawatt hours in 2020. This will result in more than 23.5% of Australia's electricity derived from renewable sources by 2020. The required gigawatt hours of renewable source electricity from 2017 to 2019 were also adjusted to reflect the new target.[7]

To help track investment in new renewable energy capacity, the CER prepares an annual statement on progress of the scheme towards meeting the new target and the impact it is having on household electricity bills.[7]

See also[edit]

References[edit]