The Energy Security Safeguard provides financial incentives to deliver cost-effective energy savings, reduce peak electricity demand and increase the production of green hydrogen. The 3 schemes under the Safeguard aim to improve the affordability, reliability and sustainability of our energy system.
We align regulation, administration and compliance for the Energy Savings Scheme, Peak Demand Reduction Scheme and Renewable Fuel Scheme where possible.
We develop the legislation for each of these schemes. This includes the creation and expansion of the scheme rules. We also deliver complementary initiatives to support market engagement and further enhance the Safeguard.
The Independent Pricing and Regulatory Tribunal (IPART) is the administrator and regulator for the 3 Safeguard schemes.
IPART regulates businesses who can generate certificates for activities under the Energy Savings Scheme and Peak Demand Reduction Scheme, and for producing green hydrogen under the Renewable Fuel Scheme. They are known as Accredited Certificate Providers (ACPs).
ACPs are subject to several requirements to ensure they comply with the respective scheme rules. This includes minimum requirements of conduct, training, record keeping and auditing.
For more information about becoming an ACP, please visit the IPART website.