Report: LGC Snapshot (January 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.
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.