Phenix Trading’s registration permanently suspended

On 5 March 2026, the Clean Energy Regulator permanently suspended the registration of Phenix Trading Pty Ltd as a registered person under the Renewable Energy (Electricity) Act 2000. This action was taken as the CER was no longer satisfied that Phenix Trading was a fit and proper person for the purposes of the Act. As a result, Phenix Trading can no longer create renewable energy certificates.

March 11, 2026

The suspension follows regulatory action taken by state regulators in New South Wales and Victoria in relation to Phenix Trading’s participation in energy efficiency schemes. This included findings of non-compliance and the cancellation or restriction of its accreditation under those schemes.

Adverse findings relating to a participant’s compliance with other relevant schemes or laws are considered by the CER in its fit and proper person assessments. Such findings may raise concerns about a participant’s ability and commitment to comply with regulatory requirements. Registered persons play a critical role in maintaining the integrity of the Small-scale Renewable Energy Scheme (SRES) and are expected to operate in compliance with their obligations under state or territory energy efficiency schemes. We will continue to take action where conduct undermines confidence in the SRES.

Registered agents participating in the SRES are subject to obligations and responsibilities set out in our registered agents guidance. Our compliance policy sets out our approach to education, monitoring and enforcement activities. Information on registered agents, including those currently suspended, can be found by searching registered persons in the REC Registry.

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