• Press Releases

    Cornwall Insight comments on six months of UK ETS

    Cornwall Insight examines the first six months of the UK Emissions Trading Scheme (UK ETS), which launched on 19 May this year. The below graph shows the UK Allowance (UKA) Dec-21 futures contract since the scheme’s inception, alongside the EU Allowance (EUA) Dec-21 futures contract and National Balancing Point (NPB) day-ahead gas.  After...

  • Press Releases

    Cornwall Insight comments on the launch of the UK ETS scheme

    The first auction for the UK Emissions Trading Scheme (UK ETS) was held last week on 19 May 2021, between 12:00-14:00, hosted by the Intercontinental Exchange (ICE). The auction cleared at £43.99/t, providing a total carbon price of £61.99/t. Following the launch of the first UK Allowance (UKA) auction, Laura...

  • Media Mentions

    Ends Report | UK ETS

    Laura Woolsey Analyst at Cornwall Insight commented on the UK emissions trading scheme UK ETS in Ends report. Laura discussed the concerns that the cost of the UK’s carbon emissions trading allowances could increase dramatically when auctions begin and possibly requiring government intervention. The UK has initially set its emissions...