EU emitters ramp up buying in 2017 German CO2 auctions - report
The buying appetite of installation operators participating in Germany’s EUA (EU allowances) auctions last year increased, even though their share of the total successful bidders remained steady compared to 2016, reports Mike Szabo for the Carbon Pulse, based on a report published by the German Emissions Trading Authority (DEHSt). “The trend was likely linked to a number of factors, including increased CO2 output from German utilities thanks to higher demand resulting from lower nuclear or hydro availability; a rise in industrial productivity; and expectations that EU carbon prices would rise as supplies tighten due to the approaching start of the MSR [Marker Stability Reserve] or post-2020 ETS reforms,” writes Szabo.
Read the article (behind paywall) in English here, and the DEHSt report in English here.
For background, read the CLEW factsheet Understanding the European Union’s Emissions Trading System.