Victoria
New South Wales
South Australia
QueenslandGuarantee of Origin Scheme.
The Guarantee of Origin Scheme (GO) is a federal energy program that quantifies low-emission products, such as electricity and gas, through a Certificate mechanism. Hydrogen and gas certificates are known as Product Guarantee of Origin certificates, or ‘Product GOs’. Renewable electricity certificates are known as Renewable Energy Guarantee of Origin certificates – or ‘REGOs’.
The GO scheme looks to provide a voluntary framework to quantify and track renewable energy generation and low-emission fuel production within Australia.
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Key Certificate Details.
- When and where the renewable energy was created or generated
- Facility details, such as name, ID code and type
- The renewable energy source
- If the certificate was retired or transferred
Renewable Energy Guarantee of Origin Certificates.
The GO program has been created for renewable energy generation, and works by issuing REGO certificates for each megawatt-hour (MWh) of renewable energy that is produced. Like LGCs and STCs, these certificates can be traded for a financial benefit, or surrendered to claim the renewable energy benefit.
While there will be projects that can generate both LGCs and REGOs, only one certificate type can be created per unit of energy.
1 REGO
=
1 MWh renewable electricity generated
How Ecovantage Fits In.
As a Registered Person, Ecovantage creates and trades energy certificates for projects Australia-wide. We work with installers who deliver technologies, and businesses who are working toward climate-related goals.
With substantial experience with the CER and creating and trading LGCs, in 2023 Ecovantage submitted a comprehensive consultation response when the scheme was proposed, which outlined our key support and considerations for the program’s design.
Australia’s Most Versatile ACP.
Ecovantage specialises in creating, trading, and supplying all federal and state energy certificates. We assist you in balancing the financial and environmental scales for each project.
Ecovantage provides an end-to-end service, from site audits and project management, through to generation and monetisation of the created certificates.
The treatment of certificates is based on the financial and carbon goals of each organisation. The options available are presented with their relevant outcomes on both fronts, to ensure your decision is an informed one. Ecovantage generates and trades certificates as an authorised provider through the Independent Pricing and Regulatory Tribunal (IPART).