Emissions Trading Market Access for Operators of Installations Subject to EU-ETS
In the context of the event "Emissions Trading Market Access for Operators of Installations Subject to EU-ETS" on 29 January 2014, the results of a company survey undertaken in the summer of 2013 were discussed.
European emissions trading is now in its third trading period. Not only has the number of participating power plant operators increased, but the allocation mechanism has also shifted from benchmarking to auctioning. Power plant operators have a wide array of options to meet their purchase or sale requirements: participation in auctions; participation in exchange trading; trade through intermediaries such as a house bank, other financial institutions, brokers, etc.; direct trading with other companies (Over-The-Counter, OTC); or company-internal offsetting.
In a survey, Ecologic Institute and the German Emissions Trading Office asked power plant operators about their trading strategies. Particular attention was paid to their familiarity with auctions and specifically with the low-threshold "Auction Only" access.