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3 Small-scale technology certificates (STCs)

Key messages

  • Rooftop solar capacity exceeded expectations in Q3 with 755 MW installed despite the COVID-19 lockdowns in NSW, Victoria and the ACT.
  • The Clean Energy Regulator expects total added Small-scale Renewable Energy scheme (SRES) capacity for 2021 to set a new record of circa 3.2 GW.
    • Capacity could have exceeded 3.6 GW had the lockdowns not occurred.
  • Following the end of Q3 surrender of 12.5 million STCs on 28 October 2021, a balance of 5 million STCs remained in the market
  • The STC spot price was steady over Q3, finishing at $38.75

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