News & events

News

  • 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 - 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.

  • 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.

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

  • 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.

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.