We are opening consultation on the detailed design of our Guarantee of Origin (GO) scheme.
The GO Scheme is a foundational, internationally-aligned policy to certify and track the emissions from hydrogen and hydrogen energy carriers.
It will provide transparency to end users in Australia and overseas over the carbon emissions of the products they are buying. This will help Australia to produce and export hydrogen and other clean energy products at scale.
The GO scheme also includes the Renewable Electricity Guarantee of Origin (REGO) scheme. The REGO scheme will allow renewable electricity generation to be certified and tracked. This will provide transparency about the production and consumption of renewable electricity, supporting claims by producers in the GO scheme and other voluntary renewable electricity users.
We are seeking feedback on the proposed scheme design, including:
- the emissions accounting approach,
- the approach to certifying renewable electricity and
- scheme expansion (to new products).
Feedback from stakeholders will inform the development of legislation and regulations to give effect to the GO scheme. It is anticipated that legislation will be in place in 2024.
The GO scheme design paper provides a practical perspective on what participants will be able to expect from the scheme once it commences.
The Renewable Electricity Guarantee of Origin approach paper builds on policy positions proposed in the Department’s consultation paper published in December 2022.
The Emissions Accounting Approach (methodology) paper provides detail on how emissions will be estimated for Product GOs. The accompanying GO emissions calculator is a tool that provides a practical illustration of the emissions accounting approach.
There are four Guarantee of Origin (GO Scheme) consultation surveys open for feedback.
- Scheme design survey – Closes 20 October – where respondents can provide feedback on the regulatory burden, practicality and ease of participation of the scheme.
- Renewable Electricity Guarantee of Origin approach paper – Closes 20 October
- Emissions methodology survey – Closes 19 November – where respondents can provide feedback on the proposed emissions accounting methodology.
- Product expansion and prioritisation – Closes 19 November – where respondents can provide information on the additional products they believe should be included within the GO scheme.
We will be running webinars and workshops in coming weeks to further explain the material.