AGL welcomes the opportunity to contribute to the Renewable Electricity Guarantee of Origin (REGO) Approach paper.
Businesses, governments and customers are becoming increasingly engaged in the energy transition as they set decarbonisation targets, seeking further detail to verify the green credentials of various products. The ability to track and verify emissions associated with products and services allows market participants and the wider public to make informed choices and provides assurance that what they are purchasing is leading to real sustainable outcomes.
Certification of green electricity is a key element of driving decarbonisation in the electricity sector, but also supporting decarbonisation of other products and services that use electricity as an energy input. We therefore broadly support the proposals put forward for the scheme by the federal government however we have taken the opportunity to highlight some potential issues and concerns that in our view require more consideration, including the complexity around time stamping and inclusion of small-scale technologies and storage.
For additional views on the implementation of this scheme, please refer to our submission on the Guarantee of Origin Scheme Design paper.
Read the full submission here.