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How does the allocation for a heat producer change when its consumers enter or leave the scope of ETS during the baseline period |
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Tuesday, 13 March 2012 17:17 |
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It is possible that a non-ETS heat consumer becomes an ETS heat consumer and vice versa. The legal effects for such changes are specified in the guidance document.
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What exactly has the ITRE Committee adopted on 28 February 2012 as regards withholding allowances as from third phase |
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Monday, 05 March 2012 19:32 |
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The question that is today particularly vital for the CO2 trading community: do elaborations of the ITRE Committee included in the Compromise Amendment No 18 have any direct impact on the current trading conditions with respect to CO2 allowances?
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The Draft Report of 28 October 2011 on a Roadmap for moving to a competitive low carbon economy in 2050 – the potential breakthrough in European climate policies? |
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Tuesday, 15 November 2011 13:11 |
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With respect to the Emissions Trading System the Draft Report ‘acknowledges that the carbon price is very much lower than was originally envisaged and is failing to provide the necessary investment stimulus’, and proposes to recalibrate the ETS before the commencement of the third phase by setting aside allowances to restore scarcity.
The Draft Report presents also some other quite revolutionary theses, notably the modification of 1.74% annual linear reduction factor, the reserve price for the auction of allowances, reducing greenhouse gas emissions from agriculture, time limits for new sources of electricity generation emitting more than 100g CO2/kWh and border adjustment measures requiring importers of products in carbon leakage sectors to purchase allowances – all of them of potential fundamental impact on European industries.
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The takeover of the heat supply – implications for allocations of CO2 allowances |
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Wednesday, 14 September 2011 06:09 |
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The emissions trading complicates sometimes things the were quite simple so far.
This contention (burdened, some may say, with obviousness) is, however, properly reflected in a practical situation where one heat producer undergoes the significant capacity reduction, or partially or even entirely ceases its operations and the supplies of the heat to the district heating pipelines are taken over by another heat producer which, in turn, must invest in new capacities (which consequently constitutes significant capacity extension in the meaning of the European Commission’s Decision determining transitional Union-wide rules for the harmonised free allocation of emission allowances pursuant to Article 10a of Directive 2003/87/EC of 27 April 2011).
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First come, first served – is this the best formula for the allocation of free emission allowances from the 5% reserve? |
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Wednesday, 07 September 2011 05:38 |
The free allowances as of 2013 will be allocated on a first come, first served basis – this simple and short assertion produces, however, significant business and legal risks, in particular whether the pool of allowances in the 5% reserve does suffice for all interested in new investments (for instance in high-efficiency cogeneration).
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Page 1 of 5 |
Climate-Energy Legislative Package