Report: ESC Snapshot (March 2016)
The ESC Snapshot is 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.
Highlights from the March 2016 report:
• 506,705 certificates were created in March, which is the highest monthly creation since June 2015 (596k) and the fourth highest since commencement of the scheme.
• Strong March creation was primarily due to Tomago creating certificates (217k) under activity Process Change/Control Systems - Industrial. This was significantly more than their creation under the same activity last year (135k).
• The ESC spot price opened March at $27.50 then drifted downward during the month, reaching a low of $26.40 around mid month. The price recovered ground in the latter part of the March, closing at $27.25. The price has decreased slightly, closing at $27.10 on Monday 11 April.