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EU Market: EUAs plunge by over 8% to new 2019 low after key support breaks

Published 19:42 on February 12, 2019  /  Last updated at 05:38 on February 13, 2019  /  EMEA, EU ETS  /  No Comments

European carbon fell by nearly €2 on Tuesday to their lowest so far this year, plummeting late in the day as prices crashed below a major support level that had held up since late 2018.

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EU prepares to pick up airline ETS burden in event of no-deal Brexit

Published 18:58 on February 12, 2019  /  Last updated at 02:21 on February 13, 2019  /  EMEA, EU ETS  /  No Comments

EU rules passed into law on Tuesday will transfer away from Britain the responsibility for managing the ETS requirements for hundreds of airlines in the event of a ‘no-deal’ Brexit, with Germany adopting many of the major carriers.

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CARBON FAST FORWARD: A new series of regional carbon market conferences

Published 22:37 on February 11, 2019  /  Last updated at 22:37 on February 11, 2019  /  Bavardage, Climate Talks, Conversations, EMEA, EU ETS, International, New Market Mechanisms, Views, Voluntary Market  /  No Comments

Carbon Forward is launching a series of regional European carbon market conferences to help delve deeper into the issues affecting companies with exposure to the EU Emissions Trading System (ETS).

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EU Market: EUAs bounce back after testing recent lows

Published 19:25 on February 11, 2019  /  Last updated at 23:06 on February 11, 2019  /  EMEA, EU ETS  /  No Comments

EUAs ended little changed on Monday, rebounding after prices bounced off major technical support levels despite a weaker energy complex and lacklustre auction.

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EU Market: EUAs slide to scrape scant weekly gain as energy complex tumbles

Published 20:58 on February 8, 2019  /  Last updated at 21:03 on February 8, 2019  /  EMEA, EU ETS  /  No Comments

EUAs dropped by more than a euro to near €22 on Friday as a weak auction, profit-taking, and heavy losses in key energy contracts weighed, capping a turbulent week.

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UK utility SSE sees ETS-covered output slip 12%

Published 12:58 on February 8, 2019  /  Last updated at 12:58 on February 8, 2019  /  EMEA, EU ETS  /  No Comments

British utility SSE’s EU ETS-covered thermal generation dropped 12% over the nine months to Dec. 2018, curbing demand for carbon allowances despite poor conditions for renewables, the company said Friday.

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EU Market: Carbon gives back early gains after hitting new 8-day high

Published 20:01 on February 7, 2019  /  Last updated at 22:00 on February 7, 2019  /  EMEA, EU ETS  /  No Comments

European carbon prices retreated after gapping higher along with other energy commodities, though not before EUAs hit a new eight-day high.

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UK edges closer to coal exit as EDF Energy flags closure of Cottam plant

Published 12:08 on February 7, 2019  /  Last updated at 21:22 on February 8, 2019  /  EMEA, EU ETS  /  No Comments

France-owned utility EDF will cease power generation at its 50-year-old Cottam coal-fired plant on Sep. 30 due to it being economically unviable, the company said on Thursday, a date that reflects the end of its government subsidies awarded for providing secure supply.

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Vattenfall’s EU ETS-covered output dips as nuclear ramps up

Published 09:24 on February 7, 2019  /  Last updated at 09:52 on February 7, 2019  /  EMEA, EU ETS  /  No Comments

Swedish utility Vattenfall’s EU ETS-covered thermal power output dipped 0.6% to 31.6 TWh last year, curbing its demand for carbon allowances while its cleaner forms of output ramped up, it said in annual results on Thursday.

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EU Market: Auction gap helps EUAs hit seven-day high

Published 19:02 on February 6, 2019  /  Last updated at 00:20 on February 7, 2019  /  EMEA, EU ETS  /  No Comments

EUAs gained 2.3% after briefly topping €24 on Wednesday to continue this week’s choppy rally amid supportive power prices and a gap in the auction calendar.

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