Office of the Renewable Energy Regulator

Increasing Australia's renewable electricity generation

Mandatory Renewable Energy Target overview

Fact sheet - Version 2
Office of the Renewable Energy Regulator, Version 2 as Updated in February 2008

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About the document

The Mandatory Renewable Energy Target (MRET) is a key element of a broader government response to climate change and to reduce greenhouse gas emissions. The MRET is one of more than 80 measures that the government has established to combat climate change. The MRET has been introduced to encourage the development of a more sustainable renewable energy supply industry. It will also achieve reductions in greenhouse gas emissions.

The Office of the Renewable Energy Regulator (ORER), which is a statutory agency in the Department of Climate Change which is part of the Prime Minister and Cabinet portfolio, administers the Renewable Energy (Electricity) Act 2000 (the Act), the Renewable Energy (Electricity) Charge 2000 and the Renewable Energy (Electricity) Regulations 2001 (the Regulations) to increase renewable electricity generation from Australia's renewable energy sources by encouraging the generation of an additional 9,500 GWh of renewable energy per year by 2010.

MRET applies nationally, with the majority of electricity retailers and wholesale electricity buyers on liable grids exceeding 100 megawatt (MW) in all States and Territories contributing proportionately to increase Australia's renewable energy sources.

Cover of Mandatory Renewable Energy Target overview

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