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Energy Efficiency Snapshots (March 2015)

17 Apr 2015

Energy Efficiency Snapshots (March 2015)

Highlights from this month's reports by Green Energy Markets:

ESCs

  • 116,478 ESCs were surrendered in March to meet 2014 compliance. By 10 April 1.56 million ESCs of the expected 2.6 million had been surrendered.
  • Tomago Aluminium Company was the largest creator of certificates this month, creating 74k ESCs for their smelting electrical energy reduction project under the metered baseline method.
  • 13 per cent of creation was for default savings factor for the sale of whitegoods and high efficiency motor installations.

VEECs

  • If VEEC creation continues to average 104,025 certificates per week, then a 2015 target of 5.4 million registered certificates will be met in mid December.
  • 383k VEECs were created for lighting activity 21C in March compared with 244k in February. This is a 57 per cent increase in creation volume since last month and is the highest level of creation for a single month we have seen in this activity.
  • 500k VEECs were submitted for registration in March compared with 344k in February. This is the highest level of creation since July 2013.

 

The VEEC and ESC Snapshots are available as part of Green Energy Markets' Energy Efficiency subscription.  For more information or to susbcribe please contact Emily on 03 9805 0729 or email us.

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