CWE carnegie wave energy limited

By getting together, CWE and EMC will more easily qualify for...

  1. 18,294 Posts.
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    By getting together, CWE and EMC will more easily qualify for LGCs.

    "Accredited renewable energy power stations are entitled to create large-scale generation certificates based on the amount of eligible renewable electricity they produce above their baseline. As a guide, one large-scale generation certificate is equal to one megawatt hour of eligible renewable electricity."

    http://www.cleanenergyregulator.gov...-stations/Large-scale-generation-certificates

    The current spot price for LGCs is about $90/MWhs.

    http://reneweconomy.com.au/2016/renewable-energy-certificates-nudge-90mwh-as-shortfall-looms-59577

    The installation of solar at Garden Island and other projects in WA should see revenue start to flow in the near future.
 
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