Bavardage > COMMENT: When is a market not a market? When it’s the EU ETS that Poland & Co. want

COMMENT: When is a market not a market? When it’s the EU ETS that Poland & Co. want

Published 18:34 on December 16, 2021  /  Last updated at 17:24 on December 22, 2021  / Alessandro Vitelli /  Bavardage, Contributed Content, EMEA, EU ETS, Other Content

Everyone’s aware how natural gas prices are up by more than 400% this year due to reduced Russian supplies, tight LNG markets, low EU storages, and the onset of winter demand. And of course since gas is a primary fuel for power generation, there’s been a knock-on effect there too. So you might be forgiven if you find it confusing that a number of EU member states think that suspending the EU ETS and reforming the market is a sure-fire way to deal with these gas and power prices.
Everyone’s aware how natural gas prices are up by more than 400% this year due to reduced Russian supplies, tight LNG markets, low EU storages, and the onset of winter demand. And of course since gas is a primary fuel for power generation, there’s been a knock-on effect there too. So you might be forgiven if you find it confusing that a number of EU member states think that suspending the EU ETS and reforming the market is a sure-fire way to deal with these gas and power prices.


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