The SRES is administered by the Clean Energy Regulator and is funded through the sale of small-scale technology certificates (STCs). These certificates are created for each megawatt-hour of electricity generated by eligible systems and can be traded on the open market.

March 19, 2024by Luke0

The SRES aims to encourage the uptake of renewable energy systems, such as Solar panels, wind turbines, and small-scale hydro systems, by providing a financial incentive for their installation. By creating a market for STCs, the scheme helps to reduce the upfront cost of investing in renewable energy technology for households and businesses.

The Clean Energy Regulator oversees the administration of the scheme, ensuring that only eligible systems receive STCs and that the correct number of certificates are created for the electricity generated. This helps to maintain the integrity of the scheme and prevent fraud or misuse.

Overall, the Small-scale Renewable Energy Scheme plays a crucial role in supporting the transition to a cleaner, more sustainable energy system in Australia by incentivizing the adoption of renewable technologies and reducing greenhouse gas emissions.

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