April enviro markets update - STCs and LGCs

The small-scale renewable market yielded strong pricing outcomes during a high-volume month while the RET review continued to weigh on the scheme's large-scale sibling, the LGC.

Small-scale Technology Certificates (STCs)

Graph for April enviro markets update – STCs and LGCs

2014’s largest quarterly surrender came and went with solid spot pricing and large trade volumes. With the final compliance date having passed, it appears a modest under surrender of STCs has taken place, although it is not clear whether this is owing to exemptions or the incorrect forecasting of electricity demand. Meanwhile, as the nation’s second RET Review in as many years rolls on and the Minister for the Environment Greg Hunt reaffirms his vague support for the RET, the small scale industry maintains grave concerns for it future.

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