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Net Zero is the largest environmental certificate trading company that provides complete transparency for your bottom line. With a robust track record of competitive spreads and a wealth of industry knowledge, you can be sure that your certificate trades are in good hands.
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Small-Scale Technology Certificate (STC)
A small-scale technology certificate (STC) is equal to 1 megawatt hour of renewable electricity either generated or displaced by eligible small-scale renewable energy systems such as solar PV, wind and hydro and solar water heaters and air source heat pumps. STCs create a financial incentive to install small-scale renewable energy systems by reducing upfront installation costs.
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Large-Scale Generation Certificates (LGCs)
Under the LRET large-scale generation certificates (LGCs) are created in the online Renewable Energy Certificate (REC) Registry by renewable energy power stations. One LGC is equivalent to one megawatt hour of eligible renewable electricity generated above the power station’s baseline.
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Victorian Energy Efficiency Certificates (VEECs)
Victorian energy efficiency certificates (VEECs) are electronic certificates created under the program when certain energy efficiency activities are undertaken in residential or non-residential premises. Each certificate represents one tonne of greenhouse gas emissions reduction (CO2-e).
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Energy Savings Certificates (ESCs)
When businesses in NSW implement energy-saving measures, they can earn Energy Savings Certificates (ESCs) These measures include installing high-efficiency motors, energy-efficient appliances, power factor correction, and, most commonly, replacing fluorescent, halogen, and HID lighting with LED lighting. When a business upgrades their existing light fittings to energy efficient LEDs, they reduce their electricity consumption, resulting in ESCs.
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Peak Demand Reduction Scheme (PERCs)
The Peak Demand Reduction Scheme aims to reduce peak electricity demand in NSW.
The scheme does this by providing financial incentives to households and businesses to reduce energy consumption during hours of high peak demand. The scheme started with a demand reduction target of 0.5% in 2022. This will increase to 10% by 2030.
By reducing demand for electricity at times when demand is high, we will reduce the risk of power outages and reduce pressure on wholesale electricity prices across NSW.
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Australian Carbon Credit Units (ACCU)
An ACCU is a unit issued to a person by the Clean Energy Regulator (Regulator) by making an entry for the unit in an account kept by the person in the electronic Australian National Registry of Emissions Units (Registry)2. Each ACCU issued represents one tonne of carbon dioxide equivalent (tCO2-e) stored or avoided by a project.
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human-induced regeneration (HIR)
A human-induced regeneration (HIR) project stores carbon in regenerated native forest. This earns Australian carbon credits units (carbon credits) in return for reducing the level of greenhouse gases in the atmosphere. Allowing native forests to regenerate has a number of benefits: Diversifying revenue, farm benefits, ecosystem health & conservation of biodiversity.
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Verified Carbon Units (VCUs)
The VCS Program is the world’s most widely used voluntary GHG program. Once projects have been certified against the VCS Program’s rigorous set of rules and requirements, project developers can be issued tradable GHG credits that we call Verified Carbon Units (VCUs). Those VCUs can then be sold on the open market and retired by individuals and companies as a means to offset their own emissions. Over time, this flexibility channels financing to clean, innovative businesses and technologies.
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Verified Emission Reductions (VERs)
All Gold Standard Emission Reductions represent one tonne of CO2, but different products are available depending on the context and objectives of the purchaser. Gold Standard Verified Emission Reductions (VERs) for voluntary climate action.
By purchasing Emission Reductions, you make a contribution to meeting the aims of the Paris Agreement as well as Sustainable Development Goal 13 by financing a direct and quantifiable impact on climate change mitigation that is monitored, verified and certified by Gold Standard.
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Certified emission reduction (CER)
Under the Kyoto rules, a CER is a tradable unit representing one tonne of carbon dioxide-equivalent (tCO2-e) of emissions abatement or sequestration.
CERs are issued for projects registered under the Clean Development Mechanism (CDM), which operates in countries that are non-Annex I Parties to the United Nations Framework Convention on Climate Change (UNFCCC)2 and Kyoto Protocol (developing country Parties).
VEECs
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STCs
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LGCs
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ESCs
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Small-Scale Technology Certificates (STCs): STCs are a national scheme that provides financial incentives to households and businesses that install solar panels, solar hot water systems, and heat pumps.
Large-scale Generation Certificate (LGCs): A type of certificate created under the Australian Government’s Renewable Energy Target (RET) scheme, which is designed to encourage the development of renewable energy sources in Australia.
Victorian Energy Upgrades (VEECs): The Victorian government provides financial incentives to households and businesses that undertake energy-efficient upgrades, such as upgrading insulation, windows, and heating and cooling systems.
Small-Scale Technology Certificates (STCs): STCs are a national scheme that provides financial incentives to households and businesses that install solar panels, solar hot water systems, and heat pumps.
Large-scale Generation Certificate (LGCs): A type of certificate created under the Australian Government’s Renewable Energy Target (RET) scheme, which is designed to encourage the development of renewable energy sources in Australia.
Energy Savings Scheme (ESCs & PRCs): The Energy Savings Scheme provides financial incentives to businesses that implement energy-efficient practices and technologies, such as LED lighting and energy-efficient appliances.
Small-Scale Technology Certificates (STCs): STCs are a national scheme that provides financial incentives to households and businesses that install solar panels, solar hot water systems, and heat pumps.
Large-scale Generation Certificate (LGCs): A type of certificate created under the Australian Government’s Renewable Energy Target (RET) scheme, which is designed to encourage the development of renewable energy sources in Australia.
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Our team is here to support you on this journey. We believe that every individual and organization has a role to play in reducing their carbon footprint and building a more sustainable future.
Climate Change Damages – Heat, Fire, and Drought
Peak Population, Peak Consumption, No System Change If we move towards a peak consumption world where we continue to power the economy with fossil fuels,
Air Pollution, Climate Change, and Co-Benefits
Air Pollution – The Environmental Trojan Horse Whereas the rising water, heat, and extreme weather caused by climate change will launch an allout frontal assault
Climate Engineering & Negative Emissions Technology
What is Climate Engineering? The different strategies proposed to slow or halt global warming by direct intervention. How does Negative Emissions Technology work? Tree Planting,
Long-Term Energy Storage in a Net-Zero Future
Short term or daily storage solutions solve intermittency of generation when using wind and solar electricity generation, but seasonal variability is another issue. Wind farms
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