Typically if there is a French way of gaming the system they will find a way of breaking the rules.
The French have negotiated (admittedly some time ago) that they can bank EUA's between phases, this of course means that the French can buy EUA's at 0.25c and sell them at €24, a fantastic trade if ever you can do it. Cleverly, they have been stopped from selling these EUA's to everyone else because only French installations can deal under the banking scheme.
However, EdF have in fact offered a product whereby they propose to introduce energy efficiency schemes and if they fail then they will rip up EUA's. A good idea on the face of it, but something which is in more detail is immensely cheeky. EdF are likely to rip up EUA's bought from phase 1 and so in effect they are looking to rip up surplus EUA's from past phases.
Zoot alors!
03 December 2007
Bali conference bound to produce some interesting snippets, but more likely to "guilt" the non-particpants into action. read more...
19 September 2007
Ofgem look to manage carbon regulation read more...
01 June 2007
Bush asks the world's leading economies to 'join' him in agreeing to reduce CO2 emissions...... read more...
03 August 2006
Emissions length due to hit the market in 2007 as many players hold back length. Perhaps the biggest reason for this is that the NAP process will be over by then. But this is not a certainty. read more...
23 May 2005
Italian NAP forces market moves as rumour is quashed by counter rumour. read more...
CRC- What Price?
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...
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
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...
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
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...
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
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...
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...
Coal, Gas & Carbon all help to hold WInter Down
Contracts across the power curve opened strongly helped by the high prices reported in the oil markets. read more...
28 April 2008
Contracts across the power curve opened strongly helped by the high prices reported in the oil markets. read more...
Speculator Irony
With all that has happened in the financial markets this past few days, and with Lehman Brothers collapsing on the 14th September, the one thing that has remained constant is the Speculator Trader rubbished as a cause of volatility and prices rises in one market or another. read more...
19 September 2008
With all that has happened in the financial markets this past few days, and with Lehman Brothers collapsing on the 14th September, the one thing that has remained constant is the Speculator Trader rubbished as a cause of volatility and prices rises in one market or another. read more...
Net UK Carbon position down 0.01%
Targets look quite difficult to achieve just by cutting the norm! read more...
31 January 2008
Targets look quite difficult to achieve just by cutting the norm! read more...
Large Plant Combustion Directive
We must watch carefully as to when and how old coal plant starts getting superceded. read more...
06 December 2007
We must watch carefully as to when and how old coal plant starts getting superceded. read more...
Traders through thin volume start to look at Carbon
Bali conference bound to produce some interesting snippets, but more likely to "guilt" the non-particpants into action. read more...
03 December 2007
Bali conference bound to produce some interesting snippets, but more likely to "guilt" the non-particpants into action. read more...
Keep up to date on energy trading news.
Click here to subscribe
Click here to subscribe
Powerisk Online tools and services.
Click here to login
Click here to login
Powerisk glossary of power terminology.
Click here for glossary
Click here for glossary
