Report: LGC Snapshot (January 2016)
Highlights from the January 2016 LGC Snapshot
• The spot LGC price opened the month at $79.50 and progressively increased to close January at $83.50. The price softened after the end of the month and reached as low as $80.00 before recovering to $81.50 on 19 February 2016.
• Average wind energy capacity factor (for pre 2013 plants) in January fell to 30.9 per cent (31.7 per cent in December).
• 4 power stations were accredited in January with a combined capacity of 1.2 MW. 5 solar power stations including the Moree Wind Farm (56 MW) had applications that were pending registration.