• Where to for wholesale electricity prices under ‘current policy’?

    The 2019 federal election has been run and won, with the energy policy status quo set to remain in effect following the fulfilment of the Large-scale Renewable Energy Target (LRET). […]

  • ALERT: ACCUs in the NEG – A carbon price by any other name?

    NEG to establish ‘de facto’ carbon price and abatement pathway for power sector Assuming the effective design and implementation of a final policy framework, the government’s announced National Energy Guarantee […]

  • INSIGHTS: ACCU prices rise, but poor ERF result reflects negative market sentiment

    The fifth Emissions Reduction Fund (ERF) auction was held on April 5–6, with 31 contracts entered into by the Clean Energy Regulator (Regulator) for the delivery of just 11 million […]

  • INSIGHTS: Wide scope for climate policy review – Key considerations

    The Federal Government today released the Terms of Reference (ToR) for its climate policy review, with industry consultation to be held in February ahead of the formal reporting process from […]

  • Hunt out, Frydenberg in – Where to for the Coalition’s climate policy review?

    In short: Josh Frydenberg will head an expanded Energy and Environment Portfolio in place of outgoing minister Greg Hunt In our view, the change will better align climate change with […]

  • ‘Mega projects’ drive ERF close to floor, but price rebound ahead?

    The Clean Energy Regulator yesterday published the results of the third Emissions Reduction Fund (ERF) auction, with 50.47 million credits contracted at an average price of $10.23. In line with […]

  • IN FOCUS: Inside the Labor Party’s “Climate Change Action Plan” framework

    The ALP today released its “Climate Change Action Plan” policy, designed to establish a framework to meet Australia’s long-term emissions reduction obligations. The announcement comes following the signing of the […]

  • Average price likely to fall at third ERF auction, yet upside potential remains

    RepuTex today released its outlook for the third Emissions Reduction Fund (ERF) auction, presenting our ‘reference case’ estimates in line with our ERF Auction Simulation Tool. 290 projects are currently […]

  • Beware the “bid plateau” at ERF III – The risk of ‘bidding the average price’

    While on the surface, the first two ERF auctions appeared to be similar – contracting a comparable amount of ACCUs for a similar amount of money – analysis indicates that […]

  • What’s in store for the third Emissions Reduction Fund auction?

    While the second Emissions Reduction Fund auction had potential to be much larger than the first, high competition led to only 1 in 3 projects successfully winning contracts, with larger […]

  • ALERT: Goodbye CERs? Paris Accord may impact offset use

    After two decades of diplomatic promise and failed outcomes, the Paris COP has delivered a landmark agreement to limit global warming to below 2 degrees, beating expectations by delivering a […]

  • ALERT: Looking ahead to ERF III – Powering up…or Down?

    On Friday, Environment Minister Greg Hunt announced that the third Emissions Reduction Fund (ERF) auction will be held on April 27-28, with the Clean Energy Regulator also announcing that auction […]