EU ETS History & Next Steps

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Presentation transcript:

EU ETS History & Next Steps Alessandro Vitelli 16 April 2019

EU ETS Price History 11-year high €27.85 MSR

EU ETS Price History

EU ETS Annual Price Performance

EU Energy Annual Price Performance €27.32 MSR €6.14

What’s Next? MSR — European Commission calculates 2H 19/1H 20 supply reductions Article 10 auctions 2019-20 — when will they take place? Brexit — UK/EU must decide how to handle 2019 compliance Swiss ETS link — (how) will it impact EU ETS? Article 29a — Will EUA prices reach the trigger point? National coal phase-out policies elaborated What abatement comes after fuel switching?

Alessandro Vitelli Communications Tel: +44 7710 402060 Mail: vitelli@ieta.org