Renewable Energy Token Price(RET)

Renewable Energy, $ret generally centres on the utilisation of renewable sources such as solar, wind, hydroelectric, and geothermal power. A notable example is the Australian Renewable Energy Target (RET) scheme, a government initiative that encourages the integration of renewable energies into the national grid. The RET comprises two main components: the Large-scale Renewable Energy Target (LRET) and the Small-scale Renewable Energy Scheme (SRES).

The LRET is designed for large-scale operations, providing incentives for the development of extensive renewable energy projects. On the other hand, the SRES aims to facilitate the adoption of small-scale renewable systems, such as rooftop solar panels, among households and small businesses. Both schemes work together to reduce greenhouse gas emissions and move Australia towards a more sustainable energy landscape.