Welcome to Green Energy Markets
Environmental market specialists - High quality market intelligence - Friendly professional service - Independent market leader -
Renewable Energy Index - June 2018
The Green Energy Markets’ Renewable Energy Index tracks the amount of renewable energy Australia relies on, the jobs it’s creating, the power bill savings it is delivering for Australian households, and the environmental benefits of the rising use of clean power.
GREEN MARKETS INSIGHT
With all the focus on the level of the National Energy Guarantee (NEG) 26 per cent emissions reduction target there has been little attention on assessing the underlying NEG mechanism and whether it will work long term to reduce emissions at lowest cost to consumers. Our most recent assessment of the NEG design is that it locks in an increase in emissions from electricity from 2023 which means that a more ambitious target than 26 per cent is more difficult and more expensive to achieve.