European Emissions Trading Scheme

  • Commercial and market outlook

    Editor’s Pick | EC presents European Green Deal for 2050 net zero target

    The European Commission (EC) presented the European Green Deal on 11 December, which sets out how to make Europe the first climate-neutral continent by 2050. The EC said the deal, shown in Figure 1, provides a roadmap to move to a clean, circular economy and stop climate change, revert biodiversity...

  • Commercial and market outlook

    Five things we learnt from Energy Spectrum | 663

    At the start of April, National Grid Electricity System Operator (ESO) became a separate legal entity within the National Grid group, separate from the transmission business and with its own licence. In this week’s Energy Perspective, we discuss the move, which marks a milestone in the development of the ESO. We...

  • Regulation and policy

    Budget Alert 2018

    Headlines Chancellor Philip Hammond delivered the government’s Budget on Monday 29 October. The principal changes are: Clarity on carbon pricing, with the CPS rate frozen and a no deal Brexit carbon price confirmedConfirmation of a rebalancing of Climate Change Levy ratesReform of Enhanced Capital Allowances to boost electric vehicle infrastructure...

  • Commercial and market outlook

    This week’s Energy Spectrum overview | 8 May 2018

    In this week’s Energy Perspective, we examine the progress in setting the broader energy price cap. The challenge now, we argue, transfers to Ofgem and the industry in implementing it. Ofgem has been seeking views on different ways the various elements of the price cap might be calculated through a...

  • Low carbon generation

    The only way is up: drivers of carbon price increases

    Introduction Significant bullish momentum has led to a 60% gain in 2018 EU Emissions Trading System (EU ETS) carbon prices (officially known as EU Allowances (EUAs) which represents one ton of CO2). The EU ETS, launched in 2005, has seen significant price fluctuations since its inception. Despite carbon prices starting...