NEAS Energy Insights
Keep up to date with the latest news in the carbon emissions
markets. In Neas Energy, we monitor developments in politics,
regulations and market prices to keep our partners informed on
current possibilities and risks in carbon emissions
markets.
The Spot price hits the Price Ceiling on DK1
June 10, 2013
During a period of five hours on the day of 7th June the spot price on Nord Pool reached the technical ceiling of 2000 EUR/MWh. From 7am until 12pm the prices were 1901,32; 1901,40; 2000,00; 2000,00 and 1901,36 EUR/MWh corresponding to around 14,900 DKK/MWh. The so far highest spot price on DK1 was 943 EUR/MWh on 15th November 2007.
The state of the market and electricity prices
May 15, 2013
One of the things which has a great effect on electricity prices in the long term is the development in economic activity- the growth in the world’s economy. The economic activity influences electricity prices through increased demand and indirectly by increased CO2, gas and other fuel prices.
Denmark Sees Effect of Increased German Solar Production
April 17, 2013
Two interesting things are happening in the electricity market at the moment. One is the hydro balance in the Nordic area which has decidedly worsened in the last month, partly because of the high pressure which prolonged the end of winter until the middle of April. The other is that we have come so far into the year that there is now energy in solar radiation
New battles over American budget awaits
January 10, 2013
An agreement to avoiding the fiscal cliff which would send the USA’s economy into recession were settled at the last moment, in fact some might say too late.
Cold causes severe price differential
December 11, 2012
The cold moving across Europe at the moment causes a large swing in electricity prices in various countries. The cold is particularly bad over Scandinavia where a low pressure area is sitting over Finland and blocking low pressure moving in from the Atlantic.
Will the EU Intervene in the Market?
August 08, 2012
After price increases of 25 to 30 % in June and early July, presumably driven by the expected announcement of the EU Commission’s plan to intervene in the EU ETS, prices have dropped back towards record lows. With the Commission’s backpedalling becoming apparent in July, market players realized that intervention in the market is some way off; with a provisional intervention unlikely to be implemented until after the first post-2012 auctions are held; and with a potential, permanent withdrawal of EU allowances (EUAs) pushed even further into the future.
Where to Next?
June 25, 2012
Carbon prices have fallen 60 to 70% over the past year. Since the start of the year, EUA prices are up 3% while CERs are 10% lower. The economic crisis is still taking its toll on prices; exacerbated by the continued political uncertainty about how to counter the over-supply in the EU ETS. To top it all off, according to a new study the EU ETS may see its CER demand saturated through issued CERs as early as in 2013 or 2014.