4Simplified outline of this Act

4  Simplified outline of this Act

This Act establishes a scheme to certify renewable electricity and products such as hydrogen. It provides for the creation of certificates, known as REGO certificates and PGO certificates, that contain information about the attributes of the renewable electricity or product that they represent.

Both REGO certificates and PGO certificates may be registered on a register known as the GO Register.

REGO certificates can be traded through the register and retired. A person may wish to retire a REGO certificate to support claims about the person’s use of renewable electricity.

PGO certificates cannot be traded through the register or retired.

Most activities under this Act can only be carried out by a person who is registered for the purposes of this Act.

Cost‑recovery charges may be payable in relation to activities carried out under this Act.

The Regulator may require audits of one or more aspects of a person’s compliance with this Act.

There are also a number of civil penalties in relation to requirements under this Act. A range of compliance and enforcement powers are provided for, primarily by applying the Regulatory Powers Act.

The Minister may make rules under this Act.