Transfer of EUAs as a proof of ownership
- Category: Emissions trading
It seems that before the amendment of the Registry Regulation rules as well as after such change the transfer of EUAs in itself may not be regarded as the sufficient proof of ownership of allowances sold. It is notably true when the allowances sold were transferred from an account other than the account of the seller.
Will aviation court victory influence policy options for maritime sector?
As the dispute regarding status of aviation in the European Emission Trading Scheme becomes more and more pressing it may be useful to refer to certain points of considerations contained in the Judgment of the Court (Grand Chamber) of 21 December 2011 in Case C-366/10.
Elaborations of the Court on the inclusion of aviation activities in the scheme for greenhouse gas emission allowance trading pursuant to the Directive 2003/87/EC (in the wording amended by Directive 2008/101/EC) in the context of the Kyoto Protocol and the principles of customary international law may shed light on the perspectives for future potential further actions as regards spreading the EU ETS rules throughout the world (for instance into the maritime sector according to the recent initiative).
Risk assessment report - State aid rules regarding carbon leakage sectors
- Category: Emissions trading
A tool for assessing risks inherent in draft Commission Guidelines with respect to aid to undertakings in sectors and subsectors deemed to be exposed to a significant risk of carbon leakage due to EU ETS allowance costs passed on in electricity prices (aid for indirect emission costs).
What precisely electricity generators should publish as inside information under REMIT Regulation
- Category: Energy market
What precisely should be published under new disclosure scheme for wholesale energy products?
ACER Agency in its Guidelines built its list consisting of three main items:
- any planned outage, limitation, expansion or dismantling of capacity of one generation unit that equals or exceeds 100 MW, including changes of such plans,
- any unplanned outage or failure of capacity that equals or exceeds 100 MW for one generation unit, consumption or transmission facility, including updates on such outages or failures,
- any other information that is likely to have a significant effect on the prices of one or more wholesale electricity product if made public;
the last one however is quite spacious.
But ERGEG’s catalogue released in December 2010 as regards electricity generators stipulated the positions for disclosure far more extensively and specifically.
Beneficial holdings disclosure requirements for emissions agents under the California cap-and-trade
- Category: California cap-and-trade
The process for registration of participants under the Californian scheme is currently underway and covered entities must register by January 31, 2012.
Emissions brokers should consider specific requirements applicable to them in that scheme.
How to publish inside information under REMIT Regulation
- Category: Energy market
Is the publication on market participant’s own website the sufficient discharge of the disclosure obligation on wholesale energy market?
Page 50 of 69