All eyes last week were on the Clean Energy Regulator’s release of emissions and liability information for FY24 compliance under the Safeguard Mechanism, with ACCU prices flip-flopping as traders struggled to digest a large volume of new information.
In this update, we summarise the key data highlights within the FY24 Safeguard Mechanism compliance data, and discuss expected market impacts.
Our Carbon Weekly report breaks down activity in the Australian exchange-traded and OTC carbon markets (spot and derivatives) over the past week, including key trends and drivers, our latest pricing and benchmarks, and our daily forward curves.