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Showing 1 - 9 of 9 results for "LGC"

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
... the clearing house and it's likely to get between 4-5 million STC's in deficit leading up to the 28th of July." The LGC market, on the other hand, is tight, driven by commercial demand towards renewable energy targets. With a target of 33 million ...

Earth Day brings tidings of climate change commitments

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... ENGIE and Neoen. When added to other renewable power purchase agreements, onsite solar and large-scale generation certificate (LGC) deals, Coles has hit 70% of its renewable electricity target, once the agreements commence. Under the agreements, Coles ...

Mars Australia shifts to 100% renewable energy

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAR 2021  |  NEWS
Mars Australia will transition to using renewable electricity for its facilities as part of the company's global greenhouse gas emissions targets. Mars Australia is moving to 100% renewable energy at six factories and two offices in Australia, using ...

Genex Power closes $192 million certified green debt funding package

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2019  |  NEWS
Renewable energy generation developer Genex Power has closed a nearly $200 million debt funding package that has been verified as a green loan, certified by the Climate Bonds Standard. Simon Kidston, executive director, Genex Power The $192 million ...

Moree Solar Farm signs PPA with Origin Energy

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
Moree Solar Farm (MSF) has entered into a 15-year power purchase agreement with Origin Energy, covering 100% of the output from the 56 MW solar farm. Moree Solar Farm was developed by Fotowatio Renewable Ventures' (FRV) and is located in northern New ...

Carbon Trade Exchange launches REC trading platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JUL 2014  |  NEWS
Carbon Trade Exchange (CTX) has launched a fully electronic Renewable Energy Certificate (REC) trading platform, TRECs. CTX began developing the REC Trading Platform last year to provide a "secure, transparent and liquid web-based trading environment ...

WWF: ETS repeal to reduce renewable energy, increase prices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 AUG 2013  |  NEWS
... modelling by the report's preparers, carbon and energy research RepuTex, suggests that the large scale renewable energy credits (LGC) market will support the development of 7 GW of onshore wind energy at LGC prices between $40-75/MWh, achieving close ...

Clean Energy Council: keep Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
... bringing forward forms of renewable energy formation is likely to impact on the supply of large-scale generation certificates (LGC), the credits that are generated based on the amount of renewable energy produced or displaced. These certificates can ...
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