The Clean Energy Regulator's (CER) Quarterly Carbon Market Report (QCMR) for Quarter 1 (Q1) 2023 has been released and covers landmark reforms to the Safeguard Mechanism.
The reforms will reduce emissions from Australia’s largest emitting facilities by a total of 201 million tonnes of carbon dioxide equivalents by 2030.
The Clean Energy Regulator has released the April 2023 Large-scale Renewable Energy Target market data.
Highlights include:
The Compliance update for 1 January to 31 March 2023 is now available. It provides information on activities related to our compliance and enforcement priorities.
This update includes:
The Government has agreed that a third pilot window for the fixed delivery exit arrangement will now open. Exit applications can now be made for Australian Carbon Credit Unit (ACCU) milestone deliveries scheduled from 1 January 2023 to 30 June 2023.
The Clean Energy Regulator has released the March 2023 Large-scale Renewable Energy Target market data.
Highlights include:
The Clean Energy Regulator (CER) held Auction 15 on 29 and 30 March 2023. At Auction 15, the CER contracted 7.9 million tonnes of carbon abatement at an average price of $17.12. This represents a 4% increase in volume on the previous auction. This is the first auction held after the Independent Review of ACCUs affirmed that the ACCU scheme arrangements are sound.
The Clean Energy Regulator's Quarterly Carbon Market Report (QCMR) for Quarter 4 (Q4) 2022 shows promising signs of Australia's action to reduce emissions.
The report shows a surge in large scale renewable energy investment, a recovery in rooftop solar installations and confidence in the Australian Carbon Credit Unit (ACCU) market.
The Midway Report highlights the results of phase one of the GO trials. The trials garnered insights from 19 hydrogen producers and stakeholders, including upstream entities, such as water and electricity producers in addition to downstream entities, such as ammonia producers.
The Clean Energy Regulator (CER) has partnered with GHD to create a calculator that will estimate greenhouse gas emissions generated by the production of hydrogen.