LGC prices fall sharply as solar and wind projects grow
By Marco Stella on 3 May 2017
LGC prices ended April at $78.25, a 12 month low and a drop of 8% on March’s close.
Tag: "LGC"
Penalties and policies: What shook environmental markets in February
By Marco Stella on 1 March 2017
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.
CER issues warning on RET after ERM chooses penalties over projects
By Sophie Vorrath on 6 February 2017
Clean Energy Regulator warns electricity retailers intentional failure to meet 2016 RET obligations will result in investigation, audit, embarrassment.
July renewables market update: prices plateau short of penalty cap
By Marco Stella on 3 August 2016
Price rise in LGC market halted in July – less a result of the renewed anti-renewables campaign and more reflection of fact that spot market sitting within $7 of the scheme’s cap.
Renewable energy certificate prices hit record highs as market prices in failure
By Marco Stella on 8 July 2016
Prices for renewable energy certificates hit record highs as project drought continues, despite efforts by the states to kick-start the market.
REC Markets: Talk of further regulatory change stalks renewable markets
By Marco Stella on 3 May 2016
The silence on the project commitment front was loud enough to induce a familiar tinnitus: speculation of further regulatory change.
Australia large-scale renewable investment plunges again to near record low
By Giles Parkinson on 27 April 2016
BNEF data shows Australian renewables investment down again, with households, businesses accounting for nearly all of it.
Infigen cashes in on high LGC price as renewables construction remains stalled
By Sophie Vorrath on 29 January 2016
Infigen revenue boosted by rise in LGC prices, but still no new construction of renewable energy projects.
Alinta launches renewables tender in sign investment drought may be breaking
By Sophie Vorrath on 28 January 2016
Alinta breaks private sector ‘capital strike’ with call for expressions of interest in large-scale renewable generation projects.
Synergy tenders for renewable energy projects and certificates
By Giles Parkinson on 9 November 2015
WA energy retailer Synergy tenders for 500,000 renewable energy certificates – equivalent of about 150MW of capacity – as it seeks to make up shortfall.
Which retailers will (and won’t) meet their 2017 LGC liability?
With a Wednesday deadline, things are getting tight for power companies to purchase and surrender enough LGCs to meet their liability. Has ERM got its act together?