Mercari

Mercari is relocating

This page is relocating to
https://www.mercari.com.au/lgc-closing-rates/

We will redirect you shortly

LGC Closing Rates

Mercari operates an end of day closing rates window for Large-scale Renewable Energy Certificates (LGC) utilising Mercari's proprietary eSEF technology. LGC contract specifications are available here.

For additional detail on the process or other information, please contact us.

LGC - Large-Scale Generation Certificates

LGC Closing Rates
Tenor Bid Offer Mid Point Index
Spot 43.50 44.15 43.825
Cal 22 43.50 43.85 43.675
Cal 23 43.00 44.00 43.500
Cal 24 40.00 40.50 40.250
Cal 25 33.00 33.90 33.450
Cal 26 25.00 26.00 25.500
Table Legend

Blue – Firm Tradable Prices
Green - Market Survey
Red – Calculation

Settlement prices are calculated in several ways. For a more details please see the methodology guide below.

Spot Closing Price History

Spot Price $ 20$ 27$ 34$ 41$ 48Price Date 17/01/202219/01/202221/01/202225/01/202227/01/202231/01/202202/02/202204/02/202208/02/202210/02/202214/02/202216/02/202218/02/202222/02/202224/02/202228/02/202202/03/202204/03/202208/03/202210/03/202214/03/2022Spot Closing Price History Based on Mid Point Index

Forward Price Curve Based on Mid Point Index

Spot Price $ 20$ 26$ 32$ 38$ 44$ 50Calendar Year SpotCal 22Cal 23Cal 24Cal 25Cal 26Forward Price Curve Based on Mid Point Index
LGC Closing Settlement Price Methodology

Firm Tradable Prices

  • Method A represents firm prices tradable on screen by counterparties with investment grade credit ratings
  • Method B will substitute if necessary

Market Survey

  • A survey of available prices from various market participants will be conducted to calculate a fair value
  • Method B prices are not firm and are reference levels only
  • Method C will substitute if necessary

Calculation

  • Method C employs Mercari's LGC Cost of Carry Model.
  • Method C prices are not firm and are reference levels only.


Disclaimer
This price information is for informational purposes only and is provided on a "best endeavours" basis. The information contained is of a general nature and nothing herein shall be construed as financial advice or a recommendation or solicitation to purchase or sell any financial product. Any use of this information is done so at the user's risk only. Mercari provides no guarantees as to the completeness or appropriateness of this information for any purpose. If you receive this correspondence in error, please delete it from your system and notify the sender.

Mercari

For more information on Mercari products and services, please visit www.mercari.com.au

Mercari reference pages