At Green Energy Markets we don’t just collect data, we interpret and analyse what the information means for your organisation.
What are the current market trends? What will the future market look like? Who are the dominant players and how do you compare against your competitors?
Our regular publications focus on answering these questions and more. Select a report specific to your interest - Solar (STC), Renewables (LGC) or Energy Efficiency (VEEC or ESC).
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Renewable energy’s share of NEM generation in July was 19.5% inclusive of rooftop solar and 17.6% excluding rooftop solar. This is the fourth highest monthly market share (excl roof solar) achieved since January 2013. The LGC spot price rose considerably over July, starting the month at $78 and then steadily rising to end the month at $84. The 2019 forward price also rose considerably to the mid $70’s after hitting a low of $52 in May.
STCs representing 14,466 solar PV systems and 93 MW of capacity were created in July. At end of July creation was running 58% greater than required to achieve the target and at current average creation levels the market remains on track for an end of year surplus of STCs of about 7.4 million.
*The spot price is for a minimum parcel size of 5000 created certificates.
Prices are compiled using the latest reported market data.
