Green scheme down under
Trading of renewable energy certificates (Recs) has been sluggish during the first year of a govement-set renewable energy target in Australia. But with more than double the required number of Recs created during that period and a small amount of derivatives trading on the back of them, the market is expected to grow.
One renewables and emissions trader at an Australian energy company says: �It is very slow at the moment, but as the Recs target ramps up the amount of trading will
More on Energy transition
Energy Risk Debates: Ercot’s RTC+B market design
Six months into this significant structural reform, the panellists talk about experiences so far
Deal of the year: ENGIE and Return’s virtual FPA
Energy Risk Awards 2026: Virtual battery portfolio deal provides a template for scaling battery storage across Europe
Environmental products house of the year: Marex
Energy Risk Awards 2026: Marex sees opportunity for environmental commodities in the latest energy crisis
Electricity house of the year: ENGIE
Energy Risk Awards 2026: ENGIE is doubling down on the energy transition, with a push into batteries and 24/7 carbon-free electricity
Newcomer of the year: Abaxx Exchange
Energy Risk Awards 2026: New exchange sets out to modernise commodity derivatives by aligning them to physical markets
Abaxx: meeting the need for new commodity derivatives
Abaxx revamps commodity hedging with a suite of modern contracts
Energy Risk Debates: risk management in the clean energy space
Panellists discuss the unique issues facing firms in renewables, clean energy and carbon markets
ENGIE’s Daronnat: pricing flexibility in the German battery market
Head of flexibility and structured origination in Germany discusses the role of FPAs and what risk teams must consider
