News

Report: LGC Snapshot (February 2016)

18 Mar 2016

The LGC Snapshot is available as part of Green Energy Markets' Renewables subscription.  For more information or to subscribe please contact Emily on 03 9805 0729 or email us.

  • The spot LGC price opened the month at $83.00 and progressively declined to close February at $80.50. The price has declined further over March to below $77.00.
  • Tasmanian hydro storages have declined to 16.1 per cent, the lowest levels for over ten years due to drought and Basslink outage.
  • Average wind energy capacity factor across all tracked wind farms in February was 27.2 per cent.
  • Moree Solar Farm has now been accredited alongside 8 other small power stations while Coonoeer Bridge Wind Farm and DeGrussa Solar Farm have accreditation applications pending.

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