Emissions built on a pack of cards

19 April 2005

Whats pushing what?

Emissions prices have risen, predominantly on players views of fuel mixes over the Winter 05. The rise in oil prices has pushed gas prices which have pushed power prices which have in turn have pushed coal prices which in turn have pushed emissions. Recently power prices have been pushed by emissions and hence the pack of cards, a self fulfilling growth cycle. However, if a big seller of power comes in and states that the fuel mix is unlikely to change fundmentally watch emissions fall, which will push coal out of the mix and as players have been quite long gas this may indeed get bashed. The house could fall.


Electricity  Carbon  Coal  EU  Spread  Winter 

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