Having lost ground early in the month, March energy efficiency market prices were stable, amid talk of cheaper forms of commercial lighting.
Articles by Marco Stella
Renewable certificate prices fall despite looming shortfall, as some suggest retailers may choose to pay penalty price rather than make new investments.
Oversupply took its toll on the VEEC market in February with the forward market in particular breaching the lower end of its recent range.
Impact of decision of some liable parties to pay penalty rather than meet RET obligation felt in February – although the extent of this was lost in subsequent political volatility. Meanwhile, project commitments continue to flow.
The period of steady declines in the VEEC price appears to have passed – at least for now – with November appearing to confirm the pricing range established in October.
The seeds of a VEEC market recovery planted in September flourished across October, with major price increases on large trading volumes. Meanwhile, has the ESC market found a new normal?
The first trades in 2019 LGCs raised some eyebrows, as did the continued activity in the STC market.
September proved a bumpy month for the Victorian energy efficiency market, but ultimately it marked the first significant monthly recovery this year.