Environmental Markets & Commodities
The Gold Standard and Markit join forces
London, 17 January 2013
The Gold Standard Foundation is pleased to announce that the financial information services provider, Markit, has been appointed to develop and manage The Gold Standard’s new registry for Verified Emission Reductions (VERs) in the voluntary carbon market. The Registry also serves as the Gold Standard's Clean Development Mechanism/Joint Implementation (CDM/JI) project database to track the certification of Certified Emission Reductions (CERs) and Emission Reduction Units (ERUs).
New Energy Finance top dealmakers 2012
London, 17 January 2013
Bloomberg New Energy Finance has today released its 2012 league table results, which reveal the leading investors and service providers in clean energy and the energy smart technologies sectors. The list shows different leaders from the previous year in every single category, among them the European Investment Bank in asset finance, Japan-based Toray Industries in mergers and acquisitions, Germany-based HEAG in venture capital and private equity, and Goldman Sachs in public markets.
New investment in clean energy falls 11%
London, 14 January 2013
Clean energy investment declined 11% in 2012, weighed down by regulatory uncertainty and policy changes in big markets such as the US, India, Spain and Italy. Sharply lower prices of solar and wind technology also exerted downward pressure on investment volumes, though they allow higher installation levels per dollar of funding.
Hungarian Phase 2 Auction clears at EUR 6.63
Leipzig, 10 December 2012
Today, the European Energy Exchange (EEX) held the first of two auctions of Phase 2 EU Allowances scheduled for December on behalf of the Hungarian Ministry of National Development. The volume of 1.25 million EUAs was auctioned off as planned on the EEX Spot Market with an auction clearing price of EUR 6.63 per EUA. The total amount of bids was 7,018,000 EUAs. Thus, participants demanded 5.6 times the auction volume. A number of 14 companies took part in the auction.
EEX emissions trading reaches new record
Leipzig, 4 December 2012
In November, a volume of 62.3 million tonnes of CO2 was traded on the European Energy Exchange (EEX) compared to 9.1 million tonnes of CO2 traded in November 2011. On the one hand, the increase is due to larger volumes from the primary market auctions which contributed 44.9 million tonnes of CO2 to the total volume. On the other hand, volumes on the EEX secondary market have risen significantly. The traded volume on the EUA Futures Market increased to 14.4 million tonnes of CO2 – which is more than four times the volume in November 2011 (3.1 million tonnes of CO2) and the highest monthly volume in this year. The traded volume on the CER Futures Market totalled 204,000 tonnes of CO2 compared to 74,000 tonnes of CO2 in November 2011.
Vattenfall among first companies to voluntarily cancel CERs
London, 26 November 2012
Vattenfall is among the first companies that used the new opportunity to cancel CERs directly from the United Nations Registry. The UN offers this functionality to CDM Project Participants as of November 23, 2012. Vattenfall has offset its CO2 emissions from business travel using CERs since 2009. In previous years, the company cancelled the CERs within the Registry of the Dutch Emissions Authority.
Read more: Vattenfall among first companies to voluntarily cancel CERs
Doha: analysts modestly optimistic for Kyoto 2
Oslo, 26 November 2012
There is “a sentiment of modest optimism” going into the UNFCCC’s Climate Conference in Doha, according to Hæge Fjellheim, Senior Analyst, Thomson Reuters Point Carbon. “The negotiations leading up to Doha have been progressing well and we believe that Parties will manage to close the deal” she said, warning that “the alternative would be disastrous for the international negotiation process”. Thomson Reuters Point Carbon is the leading provider of market intelligence, news, analysis, forecasting and advisory services for the energy and environmental markets.
EIB provides GBP100m for Johnson Matthey’s European R&D
London, 23 November 2012
Specialist research into emission control, process and low carbon technologies undertaken by Johnson Matthey will be supported by a GBP 100m loan agreed with the European Investment Bank. This work is expected to make a significant contribution to reducing harmful emissions from transport and industry in the decades ahead. It will support Johnson Matthey’s research focus on both light and heavy duty vehicle emission control and on developing catalyst technologies that meet stricter emission standards that are coming into force in the next few years. The research will also support work in advanced platinum group metal refining technology and in developing more environmentally friendly materials for applications ranging from glass to electronics.
Read more: EIB provides GBP100m for Johnson Matthey’s European R&D
EPA keeps Renewable Fuels Levels in place
Washington, 16 November 2012
The U.S. Environmental Protection Agency (EPA) today announced that the agency has not found evidence to support a finding of severe “economic harm” that would warrant granting a waiver of the Renewable Fuels Standard (RFS). The decision is based on economic analyses and modeling done in conjunction with the U.S. Department of Agriculture (USDA) and U.S. Department of Energy (DOE).
EEX pushes trading in emissions
Leipzig, 14 November 2012
The European Energy Exchange (EEX) has created further incentives for trading Emission Allowances on its markets. Although companies that wish to trade exclusively on the Spot and Derivatives Markets for Emission Allowances can already join EEX via the “Emissions Only” - Membership, EEX now waives the Annual Fee for 2013 totalling 5,000 Euro per market, for those companies who register for Emissions Only on the exchange until 31 December 2012.
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