Relevant and valuable data on the Renewable Energy Target Nicole - - PowerPoint PPT Presentation

relevant and valuable data on the renewable energy target
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Relevant and valuable data on the Renewable Energy Target Nicole - - PowerPoint PPT Presentation

Relevant and valuable data on the Renewable Energy Target Nicole Joffe, Executive Officer Presentation outline Who we are How the Renewable Energy Target schemes work The current context The market The importance of


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Relevant and valuable data on the Renewable Energy Target

Nicole Joffe, Executive Officer

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Presentation outline

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  • Who we are
  • How the Renewable Energy Target schemes work
  • The current context
  • The market
  • The importance of information and data
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Our purpose: accelerating carbon abatement for Australia

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Responsibilities

Providing education and information on the schemes that we administer Collecting, analysing, assessing, providing and publishing information and data

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The Renewable Energy Target

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Small-scale Renewable Energy Scheme (SRES)

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Context: small-scale capacity

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The market: small-scale technology certificates

Data current as 1 August 2017. STC spot prices are based on end of week closing rates sourced from TFS Green and Mercari. This does not take into account daily price fluctuations.

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Information and data: cracking the small-scale code

Given the 12-month period for creating small-scale technology certificates, the number of certificates for monthly installations will continue to

  • rise. This data is accurate as at

1 October 2017.

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Large-scale Renewable Energy Target (LRET)

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Context: large-scale capacity

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Context: tracking towards the target

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The market: large-scale generation certificates

Data current as at beginning September 2017. There is no single authoritative source. LGC spot prices are based on end of week closing rates sourced from TFS Green and Mercari. This is indicative and does not take into account daily price fluctuations. Spot prices are not necessarily reflective of the price paid for certificates. LGCs are often sold through power purchase agreements at lower prices.

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Information and data: LRET market data

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For more information visit http://www.cleanenergyregulator.gov.au/RET/About- the-Renewable-Energy-Target/Large-scale-Renewable-Energy-Target-market- data

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More information

www.cleanenergyregulator.gov.au Nicole.Joffe@cleanenergyregulator.gov.au 1300 553 542