Australian Carbon Credit Units.

Energising Change.

With extensive experience working with Australian businesses since 2007, we’ll take the stress out of calculating certificate rebates, data gathering and achieving scheme compliances.

Speak with our Energy and Carbon Specialists to get started today.

What are Australian Carbon Credit Units?

Australian Carbon Credit Units (ACCUs) are an Australian based carbon credit that can be created as a result of activities that avoid or remove greenhouse gas emissions.

Each ACCU is representative of one tonne of carbon dioxide having been removed, or avoided, by the eligible activity.

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How to Generate ACCUs.

For an emissions related project, ACCUs are generated through a measurement and verification process, and created annually for a 7 year period. These certificates involve a complex methodology, and therefore become viable with large-scale activities. Energy-based ACCUs use a technology-agnostic approach, meaning that provided an upgrade meets viability it will likely be eligible under the program. These include:

    • Lighting Upgrades
    • HVAC Upgrades
    • Fuel Switching
    • Waste to Energy
    • Biomethane Creation
    • BMS Equipment
    • VSD Installation
    • Solar*

When these technologies are implemented, an Accredited Certificate Provider (ACP), such as Ecovantage, undertakes project approvals, compliance adherence and carbon credit creation for the project. *ACCUs for Solar are subject to spot pricing to determine viability.

Project types to harness M&V

What Organisations do with ACCUs.

Similar to Renewable Energy Certificates (RECs), once created, ACCUs can be surrendered as an offset or traded. If traded, the revenue is often used to offset the cost of the energy efficiency project.

Organisations that have carbon neutrality, net zero, or baseline emission targets, can procure and surrender ACCUs as carbon offsets. This mimics the offset process used with Large-Scale Generation Certificates (LGCs), however when surrendered, ACCUs may be used to offset any scope of emissions.

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Certificate Services Department.

At Ecovantage, we consistently analyse market activity, creation metrics, policy changes, and consultation releases in conjunction with wider landscape activity.

This allows us to keep our clients at the forefront of all relevant changes, and to leverage the advantage that this presents. Please reach out if you have any project-specific questions.

The ACCU Market.

As Australia’s largest Accredited Certificate Provider (ACP), Ecovantage maintains strong market analytics to keep our partners and clients on top of the certificate markets. 

Below is the current ACCU weekly spot price tracking, and our latest ACCU market update.

ACCU Market Update Spot Price Graphs ACCU

EE (Energy Efficiency) | HIR (Human Induced Regeneration) | NT (Native Title) | SB (Savanna Burning) | CB (Co-Benefits) | ICB (Indigenous Co-Benefits)

Pricing and summary is accurate as of time of publishing. Ecovantage is not liable for any errors or changes in the figures provided.

Receive weekly market updates and up-to-date spot prices delivered to your inbox every Friday.

The ACCU Process.

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Assessment, Viability & Quoting

Our specialist team will assist you in assessing the project to establish viability, and provide certificate outcomes based on the calculated savings.

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Project Implementation

As the project is implemented, certain information is collected by the installation team necessary to creating ACCUs. 

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Annual Creation

Application requirements are collected, assessed and processed by Ecovantage’s dedicated Compliance team

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Monetisation

The ACCUs generated may be credited toward the project costs to reduce the capital outlay required for the project. 

Certificates Features.

Australian Certificate Attributes and Recognition

 

Certificate Classification Representative Of Attribute Recognised by External Programs? Purpose
ACCU Carbon Credit 1 Tonne of CO2-e Carbon Recognise and Measure Carbon Abatement
LGC Renewable Energy Certificate 1 MWh of Renewable Generation Renewable Energy Recognise and Measure Renewable Generation
STC White Certificate 1 Calculated MWh of Renewable Generation None Create a Financial Incentive for Small-Scale Renewable Generation
VEEC White Certificate 1 Calculated Tonne of CO2-e None Create a Financial Incentive for Energy Efficiency Upgrades
ESC White Certificate 1 Nominal MWh None Create a Financial Incentive for Energy Efficiency Upgrades
PRC White Certificate 0.1kW of Peak Demand Reduced None Create a Financial Incentive for Peak Demand Reduction
REPS White Certificate 1 Calculated GJ None Create a Financial Incentive for Energy Efficiency Upgrades

White certificates = STCs, ESCs, VEECs & REPs

Program ACCUs LGCs White Certificates
RE100
Climate Active

SBTi (Net Zero)

GreenPower
NABERS
Green Building Council of Australia
Greenhouse Gas Protocol

 

Speak with a Certificate Specialist