Latest

EU Market: EUAs climb back towards €5 amid oil gains

Published 04:44 on March 30, 2017  /  Last updated at 04:44 on March 30, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon prices gained 3.4% on Thursday, nearing the €5 mark for the first time this week on short-covering and as a jump in oil prices lifted the energy complex.

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Norway to look at curbing CER buying after surprise emissions fall

Published 00:52 on March 30, 2017  /  Last updated at 00:52 on March 30, 2017  /  EMEA, EU ETS, International, Kyoto Mechanisms  /  No Comments

Norway will look at possibly downscaling its CER buying programme after the government revised down emissions projections due to more citizens opting for electric cars.

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UK emissions down 6% in 2016 as transport dethrones energy sector

Published 19:46 on March 30, 2017  /  Last updated at 19:46 on March 30, 2017  /  EMEA, EU ETS  /  No Comments

The UK’s greenhouse gas emissions fell by 6% in 2016 due mainly to coal-to-gas switching in the power sector, making transportation the top emitting sector for the first time ever and cutting into demand for EU Allowances.

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Balkan nations overlooking CO2 costs in their plans for new coal plants -report

Published 04:24 on March 29, 2017  /  Last updated at 18:43 on March 30, 2017  /  EMEA, EU ETS  /  No Comments

Western Balkan nations, in their plans to build up to 10 new coal-fired power plants, are overlooking the CO2 costs that they will likely be required to pay once they join the EU ETS, a watchdog group warned on Wednesday.

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EnBW curbs forward hedging amid thinner margins

Published 21:01 on March 29, 2017  /  Last updated at 21:01 on March 29, 2017  /  EMEA, EU ETS  /  No Comments

German utility EnBW has scaled back its hedging rates over the past year while selling slightly less electricity, blaming thinner margins for producing power in what was a mixed hedging period for Europe’s biggest utilities.

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EU Market: EUAs end flat after jumping on bumper Polish auction

Published 18:42 on March 29, 2017  /  Last updated at 04:17 on March 29, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon prices ended almost flat on Wednesday, giving back early gains made in the wake of Poland’s auction clearing 6 cents above the secondary market, comfortably absorbing the highest government sale in four years.

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Major investors urge UK to retain carbon price mechanism post-Brexit

Published 09:01 on March 29, 2017  /  Last updated at 18:58 on March 29, 2017  /  EMEA, EU ETS  /  No Comments

A group of investors with more than $18 trillion in assets under management has called on the UK to ensure that a carbon pricing mechanism acts as the principal driver of the country’s long-term decarbonisation efforts post-Brexit.

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EU Market: EUAs lift from 2017 low on oil price surge

Published 02:51 on March 28, 2017  /  Last updated at 04:26 on March 28, 2017  /  EMEA, EU ETS  /  No Comments

EU carbon rose on Tuesday as a late surge in oil prices lifted the energy complex, with EUAs holding above the 2017 low of €4.58 touched in the previous session.

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EU Market: EUAs drop to 2017 low on mix of bearish factors

Published 06:19 on March 27, 2017  /  Last updated at 06:19 on March 27, 2017  /  EMEA, EU ETS  /  No Comments

European carbon on Monday fell to its lowest so far this year on a mix of mounting supply pressures, speculative selling, and bleak fundamentals.

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UK industry, advisers muster to try to bend government’s ear on EU ETS future

Published 06:16 on March 27, 2017  /  Last updated at 06:16 on March 27, 2017  /  EMEA, EU ETS  /  No Comments

Several business groups are convening meetings over whether the UK should withdraw from the EU ETS as part of the country’s wider EU exit, though the government itself is keeping its options open.

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