
14 August 2007
Morgan Stanley become the first to market whereby they offer off-setting services to all.
Morgan Stanley have set up an off-setting service. This effectively allows players to come directly to MS to offset any carbon allowance positions. This is a great service but likely to be expensive and MS as usual will offer access to a market and make good money in between. With Barcap RWE Merrills and UBS operating in the traded market there will be planty of counter-parties available to off load risk.
In reality though companies must look at real reductions in carbon consumption and only use off-setting and trading as the route in which to balance existing positions.
100 %
Hedge your bets
 
29 March 2006
The UK Phase II nap is under consulatation and the energy sector is going to have to cut emissions further, a switch to gas will help, but don't expect a fall in emissions prices and for this to be passed on to the consumer.  
read more...
100 %
LCH Clearnet set up clearing for OTC.
 
31 January 2006
An interesting move for LCH to get more of the emissions market but could the exchanges struggle, it is a truly competitive move. Good for traders not so good for brokers.  
read more...
100 %
Q1'06 bashed
 
01 November 2005
Q1'06 wakes up to fundamental falls in emissions and gas. The product has had some sense knocked into it, but it is still highly volatile.  
read more...
100 %
RWE nPower cries for clarification
 
17 October 2005
The key to long term investment lies in a stable a market with few regulatory influences. The current UK market is the antithesis of this and so long term investment is being put on hold.  
read more...
CRC- What Price?
 
03 February 2012
In November it was reported that traders in the UK energy markets were beginning to place bets that the Government will not go ahead with its controversial Carbon Floor Price. The Carbon Floor Price has relevance to the CRC, not least because some commentators have suggested that the fixed price levels could track the known Carbon Floor Price. Current EUA prices also seem vastly at odds to the proposed CRC price. British business is lobbying hard for a level and competitive playing field.  
read more...
Carbon Floor Price Announcement: The Market Reacts
 
25 March 2011
The tensions seen in the markets last week, as participants assessed the impact of Japan and nuclear withdrawal in Germany, appeared to have eased when the market started trading on Monday. The Government's mid week budget Carbon Floor Price announcement soon changes that though  
read more...
Japan, Germany & MENA -Global Energy
 
18 March 2011
Bullish gains were seen across the fuels complex as traders and analysts rushed to assess the impact of the devastating earthquake and subsequent Tsunami in Japan as well as Germany's announcement that it was to take 7 nuclear generators offline immediately.  
read more...
Capacity Payments Discussed as a Tool to encourage Investment
 
30 June 2010
In a week when the engineering industry, in its State of the Nation report, said that the Energy Industry gave the most cause for concern in light of security of supply, Energy Minister Charles Hendry spoke of 'Capacity Payments' as a tool to incentivise plant development.  
read more...
November 2011 Review
 
02 December 2011
While debt repayment concerns combined with woeful economic indicators continued to be a feature throughout November, supply and demand fundamentals were an obvious driver too. Unseasonably warm weather combined with (and causing) plentiful gas storage meant that UK power and gas markets went into a nose dive.  
read more...
Prepare for the clash of OPEC & IEA
 
23 November 2011
With less than a month to go until OPEC meets, the statements are beginning to fly: OPEC believe the oil market looks balanced while the IEA again are saying that high oil prices could harm fragile global economic growth. Let the battle begin!  
read more...
Markets Still Jittery
 
21 November 2011
Most markets reported further losses today on the back of underlying nerves about the ability of both Europe and the US to repay their debts. Oil, commodities and equities all reported losses.  
read more...
Turmoil returns on Greek Announcement
 
01 November 2011
Following last weeks announcement that the eurozone leaders had reached an agreement on a Greek bailout - one that would see banks take a 50% hit on their holdings of Greek debt, the Greek Prime Minister made his own shocking announcement that he plans to hold a referendum on the matter. The Markets tumble in response.  
read more...
Eurozone Debt Deal Announced
 
27 October 2011
After prolonged discussions and late night talks, European leaders have announced a agreement on a a Eurozone debt deal. But will the devil be in the detail?  
read more...