LGC
LGC
- June 9, 2021
- Northmore Gordon
Large-scale Generation Certificate under the Australian Renewable Energy Target.
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What is a Large-Scale Generation Certificate (LGC)?
A Large-Scale Generation Certificate (LGC) is a renewable energy instrument used under the Australian Renewable Energy Target scheme for large-scale renewable energy systems. LGCs represent renewable electricity generation and are tradeable certificates that document renewable energy attributes.
Under which Australian scheme do LGCs operate?
LGCs operate under Australia's Renewable Energy Target (RET), specifically as part of the Large-scale Renewable Energy Target (LRET), and belong to their own programme with specific eligibility, creation, and use rules.
Can LGCs be treated the same as Small-scale Technology Certificates (STCs)?
No, LGCs should not be treated as interchangeable with Small-scale Technology Certificates (STCs) or other renewable energy instruments, as they are distinct environmental instruments with their own eligibility, creation, and use rules.
Can a facility create both REGOs and LGCs for the same electricity generation?
No, a facility cannot create both REGOs and LGCs for the same electricity generation; this restriction also applies to International Renewable Energy Certificates (I-RECs).
What information must be specified when assessing LGC eligibility for a renewable energy project?
When evaluating LGC eligibility, you must specify the scheme and registry details, project information, issuance record confirming certificate creation, the period of generation, and the retirement treatment (how the certificates will be used or retired).
What other certificate options should LGCs be compared against for a renewable energy pathway decision?
LGCs should be compared with alternative options such as REGOs (Renewable Energy Guarantee of Origin certificates) and STCs (Small-scale Technology Certificates), considering eligibility requirements, evidence costs, attribute consequences, and applicable rules for the specific project and installation date.
Where can Northmore Gordon's LGC glossary entry be found in the site's navigation?
The LGC glossary entry is located under Home » Glossary » LGC on the Northmore Gordon website, and LGCs are also referenced under the site's Certificates section as 'Large-scale Generation Certificates.'
When was the LGC glossary entry published on Northmore Gordon's site?
The LGC glossary entry was published on June 9, 2021, by Northmore Gordon.
