Total added renewable energy capacity could exceed 7 gigawatts (GW) this year—a combination of an upgraded estimate of 3-4 GW large-scale wind and solar reaching first generation and an estimated 3.1 GW of small-scale rooftop solar, according to the Clean Energy Regulator’s (CER) Quarterly Carbon Market Report (QCMR) for Q2 2024.

Acting CER Chair Mark Williamson said, ‘new power station approved capacity under the Large-scale Renewable Energy Target is increasing.’

Read our responses to submissions we received for our plantation forestry alternative assurance consultation held from April to May 2024.

Use this form to apply to be considered as a low-risk plantation forestry under the 2022 plantation forestry method.

We’ve reduced the audit requirements for low-risk plantation forestry projects to one scheduled audit. This aligns with the Clean Energy Regulator’s risk-based approach to manage compliance. It ensures that audits are targeted to situations where they can provide the greatest value in supporting the integrity of the Australian Carbon Credit Unit (ACCU) Scheme. 

Associate Professor (Honorary) Cris Brack from the Australian National University conducts regular independent reviews of human-induced regeneration (HIR) gateway checks to provide additional assurance on the integrity and performance of the HIR project portfolio. This is the review report released in August 2024.
 

Associate Professor (Honorary) Cris Brack, a forestry expert from the Australian National University, has completed his second review of the processes and outcomes of human-induced regeneration (HIR) project gateway checks.

Assoc Prof Brack found that independent audit reports and our assessments continue to provide strong assurance that projects are being managed properly. 

The review provides further confidence in the Australian Carbon Credit Unit (ACCU) Scheme and the integrity of the HIR project portfolio.

This guidance outlines our position and rationale for Australian Carbon Credit Unit Scheme projects modelling abatement for 'combined CEAs'. The guidance applies to the following methodologies: