Carbon Markets

NOTICE: Australian Government publishes year-to-date interim estimate of Safeguard Mechanism “Default Prescribed Unit Price”

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The federal Department of Climate Change, Energy, the Environment and Water (DCCEEW) has today published its year-to-date (YTD) interim estimate of the default prescribed unit price (DPUP) under the Safeguard Mechanism through Q3 2025.

RepuTex market data underpins the calculation of the DPUP, which sets the standard price for prescribed carbon units under the Safeguard Mechanism.

In line with the IOSCO PRA Principles, we compile market data including confirmed trades reported directly to our price assessment team by active market participants.

In 2024-25, RepuTex’s coverage of the reported OTC market was 1.8x the trade volume any other single market data source. The DPUP is therefore calculated based on the widest universe of information available for the Australian OTC carbon market, incorporating data for Australian Carbon Credit Units (ACCUs) and Safeguard Mechanism Credits (SMCs) traded on the spot market, weighted by volume.

Based on market data from 1 July 2025 to 30 September 2025, DCCEEW’s interim estimate of the Safeguard Mechanism DPUP is $36.34.

Kind Regards,
The RepuTex Team
Australian Energy Markets

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