Inform
Emissions prices promote fuel switching in European power
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Commodity price trends, market balance and delayed Brexit are reshaping the level and impact of allowance prices in the EU ETS. Sitting at an 11-year high of around €27/tCO2, the cost of emissions is reshaping the supply curve of Europe's power markets – placing increasing volumes of gas generation ahead of coal. Even in Germany, with its relatively modern and efficient hard coal fleet, carbon's bull run is having a material impact on power generator's choice of fuel. With the threat of a no-deal Brexit at least postponed, UK emitters are back in the market, lifting the demand for allowances. With carbon prices also influenced by the operation of the market stability reserve and movements in coal and gas prices, we examine the drivers of fuel switching in European power.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Country Report
Global aluminium smelter asset cost summary
The Global Aluminium Asset Summary examines the cost environment in the base year as well as historically and forward five years.
$6,750
Asset Report
Rockdale aluminium smelter
A detailed analysis of the Rockdale aluminium smelter.
$2,250
Asset Report
Konin aluminium smelter
A detailed analysis of the Konin aluminium smelter.
$2,250
