News & events


  • Renewables market share lower than 2013 11 Mar 2015

    Renewable energy (excluding rooftop solar) made up 11% of generation in the National Electricity Market (NEM) for February, following the typical seasonal pattern of a low in renewable generation over summer.

  • Forward estimates to inform the STC target 27 Feb 2015

    In November 2014, the Clean Energy Regulator (CER) engaged Green Energy Markets to provide a forward estimate of the number of small-scale technology certificates (STCs) likely to be created during the 2015, 2016and 2017 calendar years. Our projections informed the setting of the 2015 STC target.

  • Spot LGC price exceeds STC price for first time in nearly 2 years 23 Feb 2015

    Last Friday something remarkable happened. The spot price for Large-scale Generation Certificates (LGCs) rose above the price for Small-scale Technology Certificates (STCs) for the first time since March 2013, and to the highest levels seen in more than 3 years.  As at close of trade on 20 February, the spot price was $40.40 with STCs trading at $38.95.

  • Wind energy overtakes hydro for first time in Australia 12 Feb 2015

    The Australian wind energy industry achieved a milestone in January, with wind generation exceeding hydro generation for the first time.

  • LGC Snapshot (January 2015) 12 Feb 2015

    The wind industry achieved a milestone in January with wind generation exceeding hydro generation for the first time.

  • Energy Efficiency Snapshots (January 2015) 12 Feb 2015

    ESC creation in January was one of the lowest in 3 years (101,365) and metered baseline certificates accounted for 68 per cent of creation.

  • Solar tracks 13 per cent above STC target for 2014 03 Feb 2015

    The level of solar installations registering Small-scale Technology Certificates (STCs) in 2014 was 13 per cent above the STC target. Both solar PV and solar hot water installations were higher than the level incorporated into the 2014 target.

  • Quarterly Solar Report - Q4 2014 23 Jan 2015

    STC creation increased 2 per cent in the December quarter, with the increase in PV creation more than off-setting the decline in SWH creation.  We estimate that in 2014 the total solar PV capacity installed amounted to 817.5 MW. This represents a 3.2 per cent increase on 2013 levels of 792 MW

  • Quarterly Renewables Report - Q4 2014 20 Jan 2015

    In the latest Renewables Report, Green Energy Markets analyses the LGC surplus and the quantity of new projects required to meet the Target.

  • Solar powers on while utility-scale renewables drop away 11 Dec 2014

    Energy and environmental certificate market analysts Green Energy Markets have released their latest snapshots of the markets for large scale and small-scale renewable energy.

  • Latest Report: Energy Efficiency Snapshots (August 2014) 09 Sep 2014

    ESC: 176,379 certificates were created in August. This is the lowest monthly creation since December 2012.
    VEEC:  VEEC price opened August at $16.80 and dropped steadily over the month to close at $15.35. This is the lowest the price has been since mid January.

  • Could a renewable energy target delay and extend help everyone? 04 Aug 2014

    Renewable energy market analyst Green Energy Markets has released the latest update of its quarterly Renewables Report. This report tracks the need for new large-scale renewable energy projects to meet Australia’s Renewable Energy Target. As part of this, Green Energy Markets has analysed the implications for power project development if the federal government were to reduce the target from its current legislated 41,000 gigawatt-hours down to 25,500 GWh.

  • Latest Report: Energy Efficiency Snapshots (March 2014) 15 Apr 2014

    551,000 ESCs were created during March 2014, the highest level since the scheme began.

  • Latest Report:  STC Snapshot (Feb 2014) 13 Mar 2014

  • A new 20% would halve renewables build 19 Feb 2014

    In announcing the appointment of its panel to review the functioning of the Renewable Energy Target the government was at pains to emphasise that it had no predetermined agenda or outcome in mind and would be open to ideas.


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