The publishing of final 2023-24 compliance data for the reformed Safeguard Mechanism scheme adds significant colour to already-known high level scheme performance, allowing market participants to understand key drivers, and refine their views on future ACCU market developments as required.
While final compliance data is in line with our forecast expectations, underlying information raises two notable considerations for future market development.
In this Market Briefing, we go behind the numbers to provide detailed analysis of key findings of the 2023-24 safeguard compliance data – including scheme-level performance, sectoral trends, and facility-level insights – and provide detailed discussion of key market implications.
