The objective of this audit is to assess the effectiveness of the Clean Energy Regulator’s administration of the Renewable Energy Target scheme. 

Audit criteria

To form a conclusion against the audit objective, the ANAO proposes the following high level audit criteria:

  • Has the regulator established appropriate arrangements to register renewable energy systems and validate Renewable Energy Certificates?
  • Is the regulator effectively monitoring the purchase and surrender of Renewable Energy Certificates by liable entities?
  • Is the regulator effectively monitoring scheme compliance and responding to non-compliance?
  • Has the regulator established appropriate governance arrangements to manage the risks, operation and performance of the Renewable Energy Target scheme?