Weekly clearing-house prices for Large-scale Generation Certificates and Small-scale Technology Certificates, ingested every Saturday from the Clean Energy Regulator.
Latest week ending:
The Renewable Energy Target (RET) is split into two schemes. The Large-scale Renewable Energy Target (LRET) issues one Large-scale Generation Certificate (LGC) for each megawatt-hour generated by accredited renewable power stations. The Small-scale Renewable Energy Scheme (SRES) issues Small-scale Technology Certificates (STCs) for rooftop PV, solar water heating and small wind installations.
Liable entities (mostly electricity retailers) must surrender certificates to the Clean Energy Regulator each year. The CER runs a clearing-house that publishes weekly clearing prices and traded volumes. The prices shown above. Spot-market trades typically transact within a few dollars of the clearing price but with higher volumes and faster settlement.
See related data: Carbon-Adjusted Cost of Energy, Safeguard Mechanism, PPA evaluation guide.
The latest weekly LGC (Large-scale Generation Certificate) clearing-house price, published by the Clean Energy Regulator, is shown above alongside a 52-week trend.
The latest weekly STC (Small-scale Technology Certificate) clearing-house price is shown above. STC prices are bounded by the statutory clearing-house cap, currently $40 per certificate.
The Clean Energy Regulator publishes weekly clearing-house prices and traded volumes each Saturday. gridIQ ingests the new week’s prices as soon as they are published.
An LGC is created for each megawatt-hour generated by an accredited large-scale renewable power station under the Large-scale Renewable Energy Target. An STC is issued for rooftop solar PV, solar water heating and small wind installations under the Small-scale Renewable Energy Scheme. Liable entities, mostly electricity retailers, must surrender both to the Clean Energy Regulator each year.
LGC and STC clearing-house prices on a sortable, history-aware dashboard. Free for every gridIQ account.
Open in gridIQ →Source: Clean Energy Regulator REC Registry clearing-house publications, licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0/). Prices are indicative weekly clearing rates and do not reflect real-time spot trades. STC clearing prices are bounded by the statutory cap (currently $40 per certificate).