Victoria
New South Wales
South Australia
QueenslandAustralia’s Certificate Specialists.
Ecovantage specialises in creating, trading, and supplying high-quality LGCs. We assist you in balancing the financial and environmental scales for each project.
Ecovantage provides an end-to-end service from before a system is commissioned, through to the annual monetisation or retirement 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.
What are LGCs?
Large-Scale Generation Certificates (LGCs) are created to quantify renewable energy that has been generated through solar, wind, hydro, and biomass projects. This is done under the Renewable Energy Target, known as the RET. Each LGC represents one megawatt hour of renewable energy, and one LGC may be created for each MWh of actual energy generated by the project. These LGCs act like a stock that can be traded to gain a financial benefit, or surrendered to claim the renewable energy benefit.
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How to Generate LGCs.
LGCs are generated by an Accredited Provider, such as Ecovantage, based on the actual renewable energy produced by a system. A project is first registered as a Power Station with the Clean Energy Regulator, then LGCs are created each year prior to December 31st and assigned a vintage. The vintage is assigned based on the calendar year the certificate is created, eg. 2023 units are known as a 2023 vintage.
LGCs are created each year until 31st December 2030, when the Renewable Energy Target finalises.
What Organisations do with LGCs.
Once created, an LGC acts like a share that can be traded. Some companies choose to use their own LGCs for Carbon Neutrality or Renewable Energy purposes, while others choose to trade them to gain a financial benefit.
Create Now. Trade Later.
Our flexible pricing structure enables your company to make timely, informed decisions regarding LGCs. You can choose to forgo the financial benefits of LGCs and surrender the certificates to meet your climate reporting goals and obligations.
The LGC Market.
As Australia’s largest Accredited Certificate Provider (ACP), Ecovantage maintains strong market analytics to keep our partners and clients on top of the certificate market.
Below is the current LGC spot price tracking, LGC price chart, LGC vintage weekly tracking, and our latest LGC market update.
Pricing and summary is accurate as of time of publishing. Ecovantage is not liable for any errors or changes in the figures provided.
Receive weekly market updates and up-to-date spot prices delivered to your inbox every Friday.
LGC Calculator.
The following LGC calculator has been designed to give project managers and asset owners an idea of the income we are able to generate for the client, based on the number of LGCs created for a renewable energy project such as solar PV or bio gas generation.
Please note, the spot price is subject to daily fluctuations and is reflected in the final value as shown.
Certificate Services Department.
At Ecovantage, we consistently analyse market activity, creation metrics, policy changes, and consultation releases in conjunction with wider landscape activity.
This allows us to keep our clients at the forefront of all relevant changes, and to leverage the advantage that this presents.
Thank you for your continued support, and please reach out if you have any general or project-specific questions.
The LGC Process.
System Quoting
Your dedicated account manager will assist you to include an LGC outcome based on the current market rates and the system’s expected generation.
Client Meeting
Ecovantage meets with you to explain the LGC registration and creation process, including how they may be monetised or surrendered.
LGC Application
To create LGCs, Ecovantage helps you register the system as a Power Station with the Clean Energy Regulator (CER).
LGC Creation
LGCs are created each month based on the prior month’s generation. Each site receives a detailed report that outlines the monthly generation and certificate creation.
Monetisation or Surrender
LGCs are monetised or surrendered each year. Ecovantage offers both fixed and spot price mechanisms for monetisation.
Australian Certificate Attributes and Recognition
Australian Certificate Values
| Certificate | Classification | Representative Of | Attribute Recognised by External Programs? | Purpose |
| ACCU | Carbon Credit | 1 Tonne of CO2-e | Carbon | Recognise and Measure Carbon Abatement |
| LGC | Renewable Energy Certificate | 1 MWh of Renewable Generation | Renewable Energy | Recognise and Measure Renewable Generation |
| STC | White Certificate | 1 Calculated MWh of Renewable Generation | None | Create a Financial Incentive for Small-Scale Renewable Generation |
| VEEC | White Certificate | 1 Calculated Tonne of CO2-e | None | Create a Financial Incentive for Energy Efficiency Upgrades |
| ESC | White Certificate | 1 Nominal MWh | None | Create a Financial Incentive for Energy Efficiency Upgrades |
| PRC | White Certificate | 0.1kW of Peak Demand Reduced | None | Create a Financial Incentive for Peak Demand Reduction |
| REPS | White Certificate | 1 Calculated GJ | None | Create a Financial Incentive for Energy Efficiency Upgrades |
Australian Certificate Recognition
White certificates = STCs, ESCs, VEECs & REPs
| Program | ACCUs | LGCs | White Certificates |
| RE100 |  |
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| Climate Active | |
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| GreenPower | |
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| NABERS | |
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| Green Building Council of Australia | |
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| Greenhouse Gas Protocol | |
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