Jul
2
ECX Monthly Report And EUA & CER Volumes - June 2009
Filed Under Carbon Market, Carbon Trading, Certified Emission Reductions (CERs), EU ETS, EUAs | Leave a Comment
TRADING VOLUMES: June saw continued strong activity in the market with 463,149 contracts traded – the third highest month on record on ECX. Average Daily Volume surpassed 21,000 contracts, representing a 57% year-on-year increase.
DAILY FUTURES: Trading volumes in the EUA and CER Daily Futures really woke up during June, an average of 352,000 tonnes traded per day over the month with the high of 778,000 tonnes on 23rd June.
OPEN INTEREST: The number of open positions in ECX futures and options continues to grow and currently stands at 674,675 lots, an increase of almost 10% over the course of the month. Read more
Jun
27
EcoSecurities Registers the Largest Project Under the Gold Standard
Filed Under Cap and Trade, Carbon Credits, Carbon Market, Carbon Offsets, Carbon allowances | Leave a Comment
EcoSecurities, a leading company in the business of sourcing, developing, and trading carbon credits from greenhouse gas emission reduction projects, announces the registration of the Rotor Elektrik Uretim wind farm in Osmaniye, Turkey, under the Gold Standard in May 2009.Zorlu Enerji has constructed the first phase of the project, which currently has 15 turbines in place. The wind farm will become operational in the next few weeks and has an installed capacity of 37.5 MW. During the course of this year and into 2010 a further 29 wind turbines will be installed resulting in 54 wind turbines in total, with an installed capacity of 135 MW, saving around 300,000 tonnes of carbon dioxide (CO2) per year. Read more
Mar
18
Point Carbon Survey Finds 90 Percent Think US Will Introduce A US Emissions Trading Scheme By 2015
Filed Under Carbon Market, Carbon Trading | Leave a Comment
An alarming 60 percent of respondents to a recent carbon market survey, all of whom work within companies with carbon trading operations, report having scaled back, delayed or cancelled carbon credit project investments as a consequence of the economic slowdown, according to Point Carbon, a leading provider of market intelligence, analysis, forecasting and advisory services for the energy and environmental markets.Some 87 percent of the respondents predicted a European Union Allowance (EUA) price of below €25 ($32) in 2010. Illustrating how the downturn has resulted in real reductions in industrial activity, the respondents to the survey also reported a reduced need to buy European Union Allowances (EUAs) in addition to their full credit limit compared to last year’s findings. Indeed, the percentage of respondents reporting they have surplus EUAs to sell is up from 15 percent last year to 24 percent this year. Read more