The Clean Energy Regulator has released the April 2022 Large-scale Renewable Energy Target market data.
Highlights include:
A total of 354 MW was approved as eligible for LGCs in April. The power stations making up the majority of this new capacity were:
Phase 1 of the Guarantee of Origin (GO) trials are currently underway to test hydrogen production emissions accounting methodologies.
GO currently has 19 trial participants signed up to help shape the scheme, with the Clean Energy Regulator continuing to work with The Department of Industry, Science, Energy and Resources on co-design.
The Clean Energy Regulator has released the March 2022 Large-scale Renewable Energy Target market data.
Highlights include:
A total of 273 MW was approved as eligible for LGCs in March. The power stations making up the majority of this new capacity were:
The Clean Energy Regulator held the 14th Emissions Reduction Fund (ERF) Auction on 5 and 6 April 2022. 7.6 million tonnes of carbon abatement for optional delivery was contracted at an average price of $17.35.
At the auction, 25 new optional delivery ERF contracts, nominally valued at $131 million, were awarded and over 76% of the volume offered at auction was accepted. Successful bids included revegetation, soil carbon, industrial efficiency, and landfill waste gas projects.
The Clean Energy Regulator is pleased to announce that the procurement process for the Australian Carbon Exchange and associated Registry services has progressed to the second stage – the Request for Proposal (RFP).
The Clean Energy Regulator has released the February 2022 Large-scale Renewable Energy Target market data.
Highlights include:
Australia’s renewable energy and carbon markets broke new records in 2021 according to the Clean Energy Regulator’s December 2021 Quarterly Carbon Market Report (QCMR), with strong gains across the board.
The report, which includes data for all of 2021, highlights the growing investment appetite for renewable energy and increasing demand for high integrity Australian Carbon Credit Units (ACCUs).
On 4 March 2022, the Minister for Industry, Energy and Emissions Reduction, the Hon Angus Taylor MP announced changes to Emissions Reduction Fund (ERF) contracts.
See the latest news item published on 9 March 2022 for information on the consultation process, benefit sharing arrangements, and other eligibility criteria.
On 4 March 2022, the Minister for Industry, Energy and Emissions Reduction announced changes to Emissions Reduction Fund (ERF) fixed delivery contracts. Current holders of fixed delivery contracts will now be able to pay an exit fee to be released from fixed delivery obligations to the Commonwealth under a new initiative being offered by the Clean Energy Regulator.
The Clean Energy Regulator has released the January 2022 Large-scale Renewable Energy Target market data.
Highlights include: