The Clean Energy Regulator (CER) is pleased to announce the Emissions Reduction Fund’s 15th Auction will be held on 29 and 30 March 2023.
Holding the next ERF auction early in 2023 recognises that this is a dynamic time for Australia’s carbon market and there are a number of relevant policy processes in train, including:
The second pilot window for the fixed delivery exit arrangement is now open. Exit applications can now be made for Australian Carbon Credit Unit (ACCU) deliveries scheduled from 1 July 2022 to 31 December 2022.
This window continues the pilot of the exit arrangements and the Government will further consider its future use in light of the final Safeguard Mechanism design and the Independent Review of ACCUs.
The Clean Energy Regulator has released the August 2022 Large-scale Renewable Energy Target market data.
The voluntary carbon market has gone from strength to strength in 2022 with a significant rise in voluntary cancellations of large-scale generation certificates (LGCs) and Australian Carbon Credit Units (ACCUs) according to the Clean Energy Regulator's June 2022 Quarterly Carbon Market Report (QCMR).
Public consultation is now open for feedback on the design of the 2023 Corporate Emissions Reduction Transparency (CERT) report.
As we finalise the guidelines for the 2023 report, before opt-ins open in November this year, there are some areas we'd like to hear from you about which aim to make it easier to participate.
We are seeking feedback on key aspects of the report, including:
The Clean Energy Regulator has released the July 2022 Large-scale Renewable Energy Target market data.
A total of 105 MW was approved as eligible for LGCs in July. The power stations making up the majority of this new capacity were:
The Clean Energy Regulator has released the June 2022 Large-scale Renewable Energy Target market data.
Highlights include:
For the first time, a snapshot has been published of the progress being made by some of the biggest companies in Australia towards their climate ambitions.
The Corporate Emissions Reduction Transparency (CERT) report is a new way for eligible companies to present their climate-related commitments, progress and net emissions position all in one place.
The Clean Energy Regulator has released the May 2022 Large-scale Renewable Energy Target market data.
Highlights include:
Participation in the voluntary carbon market was off to a strong start in the first quarter of 2022, with the Clean Energy Regulator’s Quarterly Carbon Market Report (QCMR) revealing record levels of cancellations of carbon units and certificates.