Skip Ribbon Commands
Skip to main content
Sign In
show main menu
Clean Energy Regulator Crest Clean Energy Regulator Crest
Climate Solutions Fund > Market information > Quarterly Carbon Market Reports

Quarterly Carbon Market Reports


The Clean Energy Regulator’s Quarterly Carbon Market Report provides a regular view of supply and demand across the carbon markets we administer and explores key factors that influence market performance. The report also provides information on trends and opportunities that may inform market decisions.

The report provides information on the three markets administered by the Clean Energy Regulator—large-scale generation certificate (LGCs), small-scale technology certificate (STCs) and Australian carbon credit unit (ACCUs).

Highlights for Quarter 2 2020

Carbon markets have remained resilient in the face of the economic downturn brought on by COVID-19; and have been a source of growth for the Australian economy.

Highlights in the Quarter 2 2020 Report:

  • 6.3 gigawatts (GW) of total renewable energy capacity is expected to be delivered this year, matching the record set in 2019.
  • Small-scale rooftop solar PV installation and capacity accelerated further in Quarter 2 2020 and exceeded expectations with an estimated 677 megawatts (MW) installed. This is a 41 per cent increase on the installed capacity for Quarter 2 2019.
  • Our previous estimate of 2.7 GW of rooftop solar PV for 2020 is now likely to be exceeded and reach 2.9 GW of installations.
  • 2 GW capacity of large-scale renewable projects has now been accredited for the year to date and expected to reach 3.4 GW for the calendar year.
  • 23 new projects were registered under the Emissions Reduction Fund, bringing total registration in 2020 to 43. Project registrations in 2020 have now surpassed registrations in all of 2019.
  • 383,000 units and certificates (ACCUs and LGCs combined) were voluntarily surrendered, 3.3 times of that seen in Quarter 2 2019. Voluntary demand in 2019-20 financial year is now double the levels in 2018-19. At the end of Quarter 2 2020, the Australian Capital Territory government, surrendered 2.2 million LGCs to show it had achieved its 100 per cent renewable energy target.
  • Total emissions reduction from the Renewable Energy Target and Emissions Reduction Fund is expected to be approximately 54 million tonnes CO2-e in 2020, compared to 48 million tonnes delivered in 2019.

For more detail, see the Quarterly Carbon Market Report – June Quarter 2020 and data workbook - June Quarter 2020.

Previous Quarterly Carbon Market Reports and data workbooks:

About The Clean Energy Regulator

Carbon Farming Initiative

Carbon Pricing Mechanism

National Greenhouse And Energy Reporting

Renewable Energy Target

Emissions Reduction Fund

Our Systems And Their Resources

Information Hubs

Clean Energy Markets

Data and information

Media Centre

Client Portal

Accessibility

Contact Us

Subscribe to email updates

Disclaimer

Glossary

Copyright Notice

Information Publication Scheme

Freedom of Information

Clean Energy Regulator Crest

The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.

Follow us on Twitter
Follow us on LinkedIn

preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only preload-image-only