ACER Code - a universal pass to the EU energy market?
- Category: REMIT
Is it formally correct to conclude a contract in the wholesale energy market with the counterparty that has not registered in the European Registry of Energy Market Participants and, consequently, does not have the ACER Registration Code?
Inside information on the carbon market - time to build expertise
- Category: MAD/MAR
I'm sure your company has in place documented systems and procedures to conduct - with due diligence - assessments, which of your emissions data will have the potential to influence on the market price of carbon (or that the said impact is, for example, negligible).
No? But, obviously, you have already verified whether your company exceeded, at the group level, the threshold of 6 million tonnes of carbon dioxide equivalent a year or a rated thermal input of 2,430 MW. Not true? I don't believe it!
If, neglecting the above issues, you're counting on the fact that your company is already publishing inside information under the REMIT Regulation, this misunderstanding may have severe consequences.
Second chance to exclude small installations from the EU ETS
- Category: Emissions trading
8 countries only (DE, ES, FR, HR, IS, IT, SI, UK) use the possibility to exclude small installations and hospitals from the EU ETS in in third trading period (2013-2020).
This may appear surprising, given heavy criticism sometimes targeted on multiple EU ETS bureaucratic requirements.
The draft Directive, however, gives those absent the second chance to revise their carbon politics and, consequently, to update lists of excluded installations or, even - for Member States currently not making use of this option - to do so at the beginning of each trading period.
Hence, the implementation of new politics in this regard can start as from 2021.