Frequently Asked Questions about Australian Carbon Credit Units (ACCUs)
Learn everything about Australian Carbon Credit Units
What is an ACCU?
Australian Carbon Credit Units (ACCUs) are a financial instrument awarded to eligible energy efficiency, renewable energy generation and carbon sequestration projects that result in a reduction of Greenhouse Gas (GHG) emissions.
One ACCU represents the avoidance or removal of one tonne of carbon dioxide equivalent (tCO2-e) GHG.
What value is an ACCU to me?
ACCUs are a financial product that can reduce the total capital expenditure for your emissions reduction project.
ACCUs are traded or sold on the national environmental commodity market, through carbon market agents such as Green Energy Trading, to organisations looking to offset their carbon footprint or meet emissions reduction obligations.
ACCUs are also purchased by the Federal Government in a commitment to decarbonise Australia’s economy through emission reduction projects like yours.
Is my project eligible for ACCUs?
Projects expected to improve energy efficiency, generate renewable energy, sequester GHG emissions through avoided release, capture and treatment processes are generally elgibile to create ACCUs.
Projects must also fulfil three criteria:
Newness – projects must not have started or surpassed preliminary development stages;
Additionality – projects must not be undertaken in response to a mandatory obligation or receiving incentive from any other scheme or administration; and
Audit & Complaince – projects must be undertaken in accordance with methodology requirements and reported to the regulator accompanied with registered Greenhouse and Energy auditor compliance reports.
How do I receive ACCUs?
Eligible projects claim ACCUs through the Federal Government’s Emissions Reduction Fund (ERF).
The ERF is the only national scheme offering technology-agnostic emissions reduction incentives.
Secure the maximum return possible for your project with our complete ACCUs management services. Guiding you through all of the requirements of the ERF Scheme.
With a wide variety of clients, ranging from bespoke large single sites to smaller aggregated projects, we have a service offering to suit your project.
Indicative Project Return*
| Energy Solution Technology (Case Study) |
System Size (kW) |
Annual ACCUs |
Annual Revenue |
Project ACCUs |
Project Revenue (7-year stream) |
|---|---|---|---|---|---|
| Solar PV |
300 |
325 |
$9,600.00 |
2277 |
$67,150.00 |
| Voltage Optimisation |
500 |
184 |
$4,540.00 |
1290 |
$38,050.00 |
| Boiler - Economiser Flue Gas Heat Recovery |
2000 |
325 |
$9,600.00 |
2277 |
$67,150.00 |
| Boiler - Total Dissolved Solids (TDS) Blowdown Heat Recovery |
6000 |
243 |
$7,200.00 |
1707 |
$50,350.00 |
| VSD Installation on Centrifugal Booster Pump |
100 |
215 |
$6,350.00 |
1510 |
$44,550.00 |
| VSD Compressor Replacement of Fixed Speed Compressor |
160 |
216 |
$6,400.00 |
1517 |
$44,750.00 |
| Retrofit High Efficiency EC Fan to AHU |
10 |
32 |
$950.00 |
229 |
$6,750.00 |
| Office HVAC Upgrade |
350 |
411 |
$12,150.00 |
2881 |
$85,000.00 |
| Fuel Switching - Natural Gas to Biogas in Gas Cogen (90,000 GJ Annual Use) |
2000 |
4739 |
$144,550.00 |
33178 |
$1,011,950.00 |
* Values supplied in table are indicative only. Please contact Green Energy Trading on projects@greenenergytrading.com.au for an estimate specific to your project using up to date ACCU market value.
INTERESTED IN ACCUS?
To get an evaluatation of your project’s eligibility to generate ACCU revenue, submit your project details below.