Australian Energy commissioner launches rating Scheme to build trust in renewables
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The Australian Energy Infrastructure Commissioner launched the Developer Rating Scheme to independently rank renewable energy developers and transmission companies.
Tony Mahar announced the public system, which evaluates businesses against seven criteria including governance, business conduct, and community engagement. The initiative follows a review by Andrew Dyer that found poor community engagement had caused a material distrust of developers involved in major grid transmission projects. The scheme was developed with input from governments, landholders, and community representatives.
While participation is currently voluntary, the commissioner expects the ratings to eventually become an industry benchmark. The system is already a requirement for developers seeking federal support through the Capacity Investment Scheme as of the 11th tender. Five companies were the first to receive ratings under the new system. Three of these companies earned a perfect score of 5 stars for community engagement, while two received 4.5 stars.
More than 20 additional companies are currently in the process of being rated.
