London, April 2011

Emissions from installations covered by the EU’s emissions trading scheme rose 3.5 per cent in 2010, preliminary, like-for-like data showed. Some 10,221 installations reported total 2010 emissions of 1.76 billion tonnes the EU commission data showed. The incomplete data showed that emissions from the power plants that reported rose 2.4 per cent, while all other sectors rose 6.4 per cent.

Of the biggest emitting countries, German installations reported a 6 per cent like-for-like increase, the UK 2.5 per cent, Poland 4.4 per cent, Italy 3.3 per cent and France 4 per cent.

Spain, thanks to a massive increase in power generation from renewable energy sources, showed a fall of 11.6 per cent in emissions, while Portugal's dropped by 14.7 per cent.

The preliminary data represented installations which accounted for 90 per cent of total EU ETS emissions in 2009, and 84.7 per cent of all installations covered under the scheme.

The figures also included data from non-EU member Norway, though virtually all participating installations in Czech Republic, Cyprus, Greece, Liechtenstein and Malta did not meet the 31 March deadline.

Those five countries had recorded total emissions of 114.7 million tonnes in 2009.

Below is a table of the emissions reported by country and the percentage growth over like-for-like 2009 levels.

The incomplete data, which at half a percentage point above market expectations, was welcomed with a muted response. “It was a non-event, I’d say,” one carbon trader said. “I think some people were expecting a little bit more excitement.” He added: “(But) if you look at German power, emissions should be trading higher.”

The German power baseload 2012 contract, which generally moves in line with carbon, settled at €59.68/MWh, up 60 cents from the previous day’s close on EEX.

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