CO2 Market – 27.10.2010

” ELECTRIC UP ” financing program

We inform you that the Emergency Ordinance 159/2020 on financing small and medium enterprises and the HORECA field for the installation of photovoltaic panel systems for electricity production with an installed power between 27 kWp and 100 kWp required for own consumption and delivery of surplus in the System, has appeared. National power, as well as 22 kW recharging stations for plug-in hybrid electric and electric vehicles, through the ” ELECTRIC UP ” Financing Program.

Source: www.imm.gov.ro

Price of the EUA

This morning (October 27, 2020), the ICE ECX exchange in London trades at € 23.85 / EUA, 6.43% less than the previous day.
Mituve are the bearish pressure from big auctions, COVID safeguards, and Brexit uncertainty for the rest of this year, according to analysts, who expect bargain-hunting buyers will step in to cover price dips.

Source: ICE ECX  & Carbon Pulse, London

EU carbon prices to top €80 by 2030 if industrial innovation, wider climate action isn’t ramped up -report

EU carbon prices could soar to average €50 over the next decade and end Phase 4 of the ETS above €80 if abatement technology – particularly in the heavy industrials sector – doesn’t accelerate and governments and companies don’t ramp up their climate action.

That was one of the findings in a report published Tuesday by ABN Amro, with analysts at the Dutch bank warning of a steep rise in EUA prices based on slow progress in cutting emissions mixed with a more rapid reduction in allowance supply during the 2021-30 phase.

Source: Carbon Pulse, London