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SK Market: Bid limit stops Korean auction from selling out

Published 09:21 on March 13, 2019  /  Last updated at 21:46 on March 13, 2019  /  Asia Pacific, South Korea  /  No Comments

Over a quarter of the allowances on offer at Wednesday’s South Korean CO2 auction went unsold due to the tighter bid limits introduced last week.

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South Korea to bring in ETS market maker from June 10

Published 10:24 on March 8, 2019  /  Last updated at 10:28 on March 8, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korea will introduce a market maker in its emissions trading scheme from June 10, the environment ministry announced Friday, in a bid to boost the sluggish liquidity in the programme.

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South Korea lowers bid limits for Mar. 13 carbon allowance auction

Published 10:23 on March 7, 2019  /  Last updated at 22:28 on March 7, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korea’s environment ministry has halved the allowance volume each ETS participant can bid for at next week’s sale, a move designed to allow more buyers to secure units.

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South Korea to shut down four coal power plant units for four months

Published 12:32 on February 28, 2019  /  Last updated at 12:32 on February 28, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korea will shut down four units at two ageing coal-fired power plants in the March-June to reduce air pollution levels, a move that will also reduce CO2 output regulated by the country’s emissions trading scheme.

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Analysts see further upside to Korean CO2 price

Published 09:35 on February 18, 2019  /  Last updated at 09:35 on February 18, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korean carbon allowances are valued near all-time high levels, but prices could move up further in the short term as a lack of available supply continues in the market, analysts said Monday.

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SK Market: KAUs rise to 8-mth high on strong auction

Published 06:02 on February 14, 2019  /  Last updated at 22:31 on February 14, 2019  /  Asia Pacific, South Korea  /  No Comments

South Korean carbon permits traded up to their highest prices since last June on Thursday on the back of a strong auction that cleared almost 6% above the secondary market.

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SK Market: KAU auction clears 2% above secondary market

Published 09:20 on January 23, 2019  /  Last updated at 13:57 on January 23, 2019  /  Asia Pacific, South Korea  /  No Comments

Wednesday’s South Korean CO2 auction sold out, with the clearing price coming in 2% above the secondary market and reflecting a supply dearth.

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South Korea to hold first regular CO2 auction

Published 10:28 on January 22, 2019  /  Last updated at 00:06 on January 23, 2019  /  Asia Pacific, South Korea  /  No Comments

The Korea Exchange will on Wednesday hold the nation’s first regular carbon allowance auction, a new feature as the market shifts from full free allocation.

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Korean developers push on with CDM projects despite potential UN restrictions

Published 10:56 on January 16, 2019  /  Last updated at 21:12 on January 16, 2019  /  Asia Pacific, International, Kyoto Mechanisms, South Korea  /  No Comments

South Korean project developers continue to identify and launch new CDM projects for use in the domestic ETS despite lingering uncertainty over the mechanism’s future and their government being outmanoeuvred at UN climate talks.

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Global CO2 trading volume spikes 45% in 2018, value soars 250% amid reforms -analysts

Published 21:25 on January 15, 2019  /  Last updated at 21:27 on January 15, 2019  /  Americas, Asia Pacific, Canada, China, China's National ETS, China's Offset Market, China's Pilot Markets, EMEA, EU ETS, International, Kyoto Mechanisms, New Zealand, South Korea, US  /  No Comments

Global traded carbon volumes rose 45% in 2018 to a five-year high of 9.1 billion tonnes as the dominant EU ETS market notched stellar price gains, Refinitiv analysts said in an annual market review on Tuesday.

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