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 information and data • Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 2
Our purpose: accelerating carbon abatement for Australia Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 3
Responsibilities Providing Collecting, education and analysing, information on the assessing, providing schemes that we and publishing information and administer data Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 4
The Renewable Energy Target Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 5
Small-scale Renewable Energy Scheme (SRES)
Context: small-scale capacity Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 7
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. Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 8
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. Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 9
Large-scale Renewable Energy Target (LRET)
Context: large-scale capacity Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 11
Context: tracking towards the target Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 12
The market: large-scale generation certificates Spot prices are not necessarily reflective of the price paid for certificates. LGCs are often sold through power purchase agreements at lower prices. 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. Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 13
Information and data: LRET market data For more information visit http://www.cleanenergyregulator.gov.au/RET/About- the-Renewable-Energy-Target/Large-scale-Renewable-Energy-Target-market- data Relevant and valuable data on the Renewable Energy Target, All-Energy Australia 2017 14
More information www.cleanenergyregulator.gov.au Nicole.Joffe@cleanenergyregulator.gov.au 1300 553 542
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