Renewable Energy Target regulations are now in place

18 Sep 2009 | Green Energy Trading

The regulations to give effect to Solar Credits (REC multiplier) and to tighten the requirements for commercial solar water heater systems are now in place.

Read more...

Solar Credits and VRECs - it’s one or the other.

18 Sep 2009 | Green Energy Trading

We’re getting a lot of questions about VRECs under the Solar Credit scheme. Solar Credits (the 5x multiplier) doesn’t apply to VRECs only RECs.

Read more...

What’s going to happen to REC prices now that Solar Credits has passed?

14 Sep 2009 | Green Energy Trading

Over the last couple of months we have seen REC prices fall over $10 to reach the lowest level in more than 18 months. Now, with the introduction of the Solar Credits and the 5 x multiplier, many of us are wondering what this will mean for REC prices.

Read more...

What’s an eligible premises for Solar Credits?

11 Sep 2009 | Ric Brazzale

I was speaking to the regulator this morning about what constitutes an eligible premises under Solar Credits and it looks like this will be a bit of a grey area for a while yet. The concept of an eligible premises is new under Solar Credits.

Read more...

Rebate for Heat Pumps now $1000

07 Sep 2009 | Green Energy Trading

The government's latest overnight announcement saw the rebate for heat pumps replacing an electric water heater fall from $1,600 to $1,000. This change came into effect for systems bought from Saturday 5 September.

Read more...

The Trend in Solar Water Heater RECs

03 Sep 2009 | Green Energy Trading

RECs from solar water heaters have accounted for more than 50% of all RECs produced so far for 2009. We’ve seen strong month-on-month growth in the number of SWH installations this year, due largely to generous rebates from Commonwealth and State Governments in addition to benefits provided by RECs.

Read more...

The Renewable Energy Target

27 Aug 2009 | Green Energy Trading

Over the last week since the passing of the Renewable Energy Target (RET) we have been receiving a number of calls about what all of this means. Hopefully we can help to shed some light on the issue and let you know that you’re not the only one left wondering how the five times multiplier will be calculated and requirements for creating the additional RECs.

Read more...

REC market shows extreme volatility

22 Nov 0200 | Green Energy Trading

The REC market has seen quite a bit of volatility over the last few weeks. We saw prices fall by nearly $6 per REC last week before recovering some ground on Friday.

Read more...

Higher STC Target for 2012 results in higher STC price

25 Nov 2017 | Green Energy Trading

The Office of the Renewable Energy Regulator (ORER) recently released their non-binding estimate of the STC target for 2012 of 38.5 million. This incorporated an estimate of 18.4 million for STCs to be created in 2012 and includes 20.1 million for the expected surplus STCs at the end of 2011.

Read more...

SWH insights

25 Nov 2017 | Green Energy Trading

In early April, the Clean Energy Regulator released the latest data of solar system installations by postcode. In this blog, we assess the Solar Water Heater (SWH) market and provide insights into activity to date. The data released relates to SWH systems that have been installed and have created certificates to 5 April 2013.

Read more...