News & events

News

  • Renewable Energy Index - June 2019 30 Jul 2019

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - May 2019 02 Jul 2019

    The RE 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.

  • Renewable Energy Index - April 2019 17 May 2019

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - March 2019 15 Apr 2019

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - February 2019 29 Mar 2019

  • Renewable Energy Index - January 2019 08 Mar 2019

  • 2018: The year fossil fuels began their inexorable decline 07 Feb 2019

    2018 will likely go down as the year that fossil fuels in Australian electricity generation began an inexorable decline, with renewable energy making significant in-roads. These will continue into 2019 and 2020, and almost certainly beyond that.

  • Renewable Energy Index - December 2018 07 Feb 2019

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - November 2018 21 Dec 2018

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - October 2018 30 Nov 2018

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - September 2018 30 Oct 2018

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - August 2018 18 Oct 2018

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • Renewable Energy Index - July 2018 31 Aug 2018

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

    The index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - June 2018 26 Jul 2018

    The Green Energy Markets’ Renewable Energy Index tracks on a monthly basis 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.

  • Renewable Energy Index - May 2018 27 Jun 2018

    The Green Energy Markets’ Renewable Energy Index tracks on a monthly basis 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.

  • Renewable Energy Index - April 2018 24 May 2018

    The Green Energy Markets’ Renewable Energy Index tracks on a monthly basis 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.

  • Renewable Energy Index - March 2018 18 Apr 2018

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • New target equates to 1140MW of rooftop solar PV in 2018 05 Apr 2018

    The Clean Energy Regulator announced on Thursday 29 March 2018 that the 2018 target for the Small-scale Renewable Energy Scheme, which provides financial support to rooftop solar PV and solar hot water, is to be 17.08% (this is called the Small-scale Technology Percentage or STP). Green Energy Trading has assessed what this means for the level of solar expected to be installed in 2018.

  • Renewable Energy Index - February 2018 27 Mar 2018

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - January 2018 28 Feb 2018

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - December 2017 25 Jan 2018

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - November 2017 21 Dec 2017

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - October 2017 22 Nov 2017

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - September 2017 16 Oct 2017

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - August 2017 21 Sep 2017

    The Renewable Energy Index tracks the contribution of the renewable energy sector broken down by fuel type and state on a series of metrics that are intended to translate abstract concepts such as megawatts and tonnes of CO2 into concepts the community can understand and appreciate such as number of households powered, and number of cars’ pollution avoided.

  • Renewable Energy Index - July 2017 28 Aug 2017

    The Green Energy Markets’ Renewable Energy Index tracks on a monthly basis 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.

  • Australia’s first Renewable Energy Index launched 28 Aug 2017

    To assist the Australian community in understanding the role and contribution of renewable energy to meeting our energy needs while also providing an important source of employment and reducing pollution, Green Energy Markets produces the monthly Renewable Energy Index.

  • GEM Report: LGC Snapshot (July 2017) 25 Aug 2017

    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.

  • GEM Report: Solar Snapshot (July 2017) 25 Aug 2017

    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.

  • Turnbull just needs to look back into his own past to address high power prices 23 Jun 2017

    A new coal power station is useless for solving current problems. Instead we should focus on cutting out energy waste.

  • Rooftop solar enjoys second boom as fossil fuel scare campaign backfires 07 Apr 2017

  • GEM Report: Solar Snapshot (March 2017) 07 Apr 2017

    STC creation in March has managed to exceed the surge of last December and was the highest seen since February 2013 in spite of a step down in deeming from 15 to 14 years.  At current average creation levels we estimate that by the end of year the surplus of STCs would be around 6 million.

  • Why a gas generator, South Australia? There are better options to lower power prices 15 Mar 2017

  • Major retailer ERM chooses penalty price over contracting new wind and solar 24 Jan 2017

    In a worrying sign, a major electricity retailer, ERM Power, representing 10% of the market, has opted to pay $123 million in penalties rather than choose to build or contract new wind and solar and surrender 1.9 million large scale certificates to comply with the Renewable Energy Target.

  • Report: Solar Snapshot (December 2016) 17 Jan 2017

    STC creation leapt spectacularly in December, averaging 464,000 per week over the month (excluding public holidays). This is 53% above the weekly average for the preceding January to November. The weekly average across the year now stands at 315,000 STCs, which is just 3.8% short of the Regulator’s target (327,300 per week).  Indicative of this large surge, in the week preceding Christmas STC creation peaked at 654,000, a level not seen since December 2012 when the solar STC multiplier (2x) was still in place .

  • Report: LGC Snapshot (October 2016) 22 Nov 2016

    Renewable energy’s share of NEM generation was 25.1% in October - the highest ever achieved over the history of the NEM.
    Hydro’s generation in October was slightly above 1900GWh, which is the second highest monthly generation since the beginning of the NEM.

  • Report: VEEC Snapshot (October 2016) 17 Nov 2016

    691k VEECs were created in October, which is slightly higher than last months’ (671k) but 11% down on the 6 month average.  The VEEC market continues to be dominated by Activity 34 (Commercial Lighting), which created 490k certificates (71% of total certificates)

  • Report: VEEC Snapshot (August 2016) 27 Sep 2016

    816k VEECs were created in August, up 13% on July creation (723k).  This is the second highest month of creation since 2012 (June 2016 being the highest, 949k). Commercial lighting created a record 554k certificates in August, representing 68% of total creation (up 10% from last month).

  • Report: ESC Snapshot (August 2016) 27 Sep 2016

    177k ESCs were created in August 2016, following a month of exceptionally low creation in July (86k). This is well below on the 12 month average of 276k, reflecting the fact that several of the large creators are still in audit, but above the creation volume of August last year (137k).

  • Report: LGC Snapshot (August 2016) 27 Sep 2016

    Renewable energy’s share of NEM generation was 19.0% in August with both hydro and wind output down on last month.  Wind farm output was down on the very high levels of the prior month but still recorded a respectable NEM-wide capacity factor of 36.7% (excluding the partially operational Hornsdale Stage 1 and Ararat).

  • Report: Solar Snapshot (August 2016) 27 Sep 2016

    STC creation in August averaged 310,000 per week, and the year to date weekly average now stands at 295,000 STCs, 9.9% short of the Regulator’s target (327,300 per week).

  • Report: VEEC Snapshot (May 2016) 16 Jun 2016

    811k VEECs were created in May, which was again higher than the previous month (April, 733k) and the largest monthly creation since October 2012.
    The high levels of creation were primarily the result of increased activity under Commercial Lighting (Schedule 34), which overtook Activity 21 (Incandescent Lighting) for the first time with 392k and 368k certificates respectively.

  • Report: LGC Snapshot (May 2016) 14 Jun 2016

    Wind power output reached an all time record, with an average NEM-wide capacity factor of 49.5 per cent for the month of May.  • Tasmanian hydro storages have continued to recover and have now reached 26 per cent, however output from Gordon and Poatina was dramatically curtailed as expected, and they are no longer above their pro-rata baselines.

  • Report: Solar Snapshot (May 2016) 09 Jun 2016

    STC creation picked up in May, exceeding the required target for 2 weeks. However the year to date average creation continues to remain noticeably below the rate required for the 2016 target, running at an average of 285,000 STCs .

  • Report: LGC Snapshot (April 2016) 19 May 2016

    Tasmanian hydro storages further declined to new record low of 13 per cent, but have since experienced a rapid rise in May to 20 per cent supported by significant rain and diesel generation allowing the state’s hydro generation to drop to its second lowest monthly level since January 2013.

  • Report: Solar Snapshot (April 2016) 13 May 2016

    STC creation in April continues to remain noticeably below the rate required for the 2016 target, running at an average of 279,000 STCs per week year to date compared to a 327,300 target.

  • Report: VEEC Snapshot (April 2016) 13 May 2016

    Commercial Lighting activity (Schedule 34) continued to ramp up in April, increasing 100k from March creation, which had previously recorded the highest level of creation for this activity.

  • Australian Solar Council - Hall of Fame Induction 13 May 2016

    Australian Solar Council - Hall of Fame during the Solar Energy Conference 2016

  • Report: ESC Snapshot (April 2016) 13 May 2016

    Commercial lighting recorded strong creation (245k); the 3rd highest creation month since July 2014.The 6 month rolling average is now 178k which is more than double what it was 12 months ago.

  • Report: Quarterly Renewables Report Q1 2016 29 Apr 2016

    In the prior December report we estimated that 4400MW of new project commitments were required in 2016 to avoid a shortfall from the target. With one quarter down only 226MW have been committed, reinforcing our prior conclusion that it is extremely unlikely that the market will avoid a shortfall in 2018 and consequent penalties.

Events

  • Environmental market insight

    Green Energy Markets seminar delivers high quality content with comprehensive insights into renewable energy and energy efficiency markets. Featuring industry experts and addressing market issues, this seminar aims to equip decision makers with the information they need to make enlightened business decisions.