August Large-scale Renewable Energy Target market data now available
The Clean Energy Regulator has released the August 2023 Large-scale Renewable Energy Target market data.
Highlights include:
Achievements and challenges in Australia’s renewable energy transition
The Clean Energy Regulator's (CER) second Quarterly Carbon Market Report (QCMR) for 2023 shows continued strong growth in consumer-led small-scale renewables but it was a quiet first half of the year for new large-scale investment commitments.
Households and businesses continue to invest in energy efficiency technology. Rooftop solar is tracking to add more than 3 GW of new installed capacity to the grid in 2023, with 1.4 GW of capacity from almost 160,000 systems already installed this year.
Independent reviewer appointed for HIR gateway checks
The Clean Energy Regulator (CER) has engaged Associate Professor (Honorary) Cris Brack from the Australian National University to commence a review of gateway checks for human-induced regeneration (HIR) projects under the Australian Carbon Credit Unit Scheme (ACCU Scheme).
It is a legislative requirement that all HIR projects must undergo regular gateway checks to demonstrate that only land that is progressing towards forest cover is being issued ACCUs.
July Large-scale Renewable Energy Target market data now available
The Clean Energy Regulator has released the July 2023 Large-scale Renewable Energy Target market data.
Highlights include:
Compliance update – 1 April to 30 June 2023
The Compliance update for 1 April to 30 June 2023 is now available. It provides information on activities related to our compliance and enforcement priorities.
This update includes:
Safeguard Mechanism reforms
The reformed Safeguard Mechanism commenced on 1 July 2023 and applies to Safeguard facilities from the 2023-24 financial year onwards. The Clean Energy Regulator (CER) has updated the Safeguard Mechanism section of our website to reflect these changes. These updates include:
June Large-scale Renewable Energy Target market data now available
The Clean Energy Regulator has released the June 2023 Large-scale Renewable Energy Target market data.
Highlights include:
May Large-scale Renewable Energy Target market data now available
The Clean Energy Regulator has released the May 2023 Large-scale Renewable Energy Target market data.
Highlights include:
Corporate Emissions Reduction Transparency (CERT) report - Transparency on climate related commitments and progress
The voluntary Corporate Emissions Reduction Transparency (CERT) report 2023 has been released. It shows the progress toward net zero emissions, 100% renewable electricity use and other climate related commitments of 25 large Australian companies.
Households increase rooftop solar and energy efficiency uptake
The Clean Energy Regulator's (CER) Quarterly Carbon Market Report (QCMR) for Quarter 1 (Q1) 2023 has been released. The QCMR shows that everyday Australians are increasingly taking greater control of their energy costs.
CER Chair David Parker said the report shows installation of energy efficient water heaters continue record growth up more than 40% from the same quarter last year. It will be interesting to see whether that level of increase is maintained throughout the year.