Heat flows between installations and their influence on free allocation of emission permits
- Category: Implementation
Changes in heat flows between installations made after 30 June 2011 may significantly impact the level of free allocation of permits and, pursuant to the rules governing the EU ETS as from 2013, it may be sometimes effected in quite surprising way.
Capacity reductions in industrial sectors under EU ETS rules as from 2013
- Category: Implementation
Installation's capacity reductions need always be considered in the context of potential EUAs allocation.
Energy efficiency obligation schemes – EU retreats from mandatory provisions
- Category: Energy efficiency
The uniform “white certificates” scheme at the European Union level should not be expected in the foreseeable perspective.
What can be expected in 2013 as regards legislative developments in the energy market
- Category: Energy market
2014 has been politically set as a target for the completion of the European internal market for electricity and gas. It is useful to know the schedule for adopting the main network codes in that regard.
Allowance Price Containment Reserve – the mechanism for managing the risks of the California carbon market or the risk in itself?
- Category: California cap-and-trade
Generally, from the perspective of entities covered be the California scheme (voluntarily associated entities excluding), knowing that the Reserve is available quarterly at an established price provides an alternative to purchasing allowances in the market at prices above the price level set.
The internal structure of the Allowance Price Containment Reserve, the size of its resources, the mechanisms for supplying the Reserve and for its use play consequently a key role in every strategic analysis of possible market trends as regards prices of California emission allowances (CCAs).
Reporting for non-standardised wholesale energy market contracts under REMIT framework pursuant to ACER guidelines
- Category: REMIT
Reporting for non-standardised wholesale energy market contracts under REMIT Regulation will not be an easy task for market participants.
Given the non-standardised contracts are to be reported to ACER directly by market participants (and not by trading venues), the former are allowed more time for contract verification against reporting schedule. The one-month period seems to be sufficient for such an assessment even when it comes to complex and complicated contracts. Moreover, mandatory submitting to the ACER the pdf file of the entire contract enables additional examination of the contract by ACER services.