Tag / CO2

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Implications of carbon price floor: Coal remains below…Published: 1 of August, 2016

In May, French Minister of Ecology, Sustainable Development and Energy Segolene Royal announced her intention to implement a domestic carbon price floor for the French power sector from the beginning of next year. The measure seems to be modelled after ...

A fourth energy package? Summer proposals to amend EU energy market regulationsPublished: 26 of October, 2015

In July 2015 the European Commission published a package of proposals to amend the regulation of the energy markets. The “summer energy package” includes the modification of regulations governing the operation of the emission trading system and the ...

Mecsek coal mining relaunchedPublished: 1 of March, 2015

Last December tha Pannon Thermal Power Plant Inc. resstarted production at the open pit Pécs-Vasas coal mine. Surveys suggest that the 4.2 km2 site shelters about 3 million tons of extractable coal of which over 100 thousand tons are directly accessible ...

The 2030 European climate policy plansPublished: 1 of March, 2014

The current regulatory instrument applied by the EU to curb the emission of greenhouse gases, the emission trading system (ETS) has for years been suffering from a substantial oversupply and low prices, thus in its current form it is not capable of ...

Visions of decarbonisation in EuropePublished: 1 of June, 2012

Equipped with the knowledge of the emission reduction targets emerging from international negotiations and agreements on climate change, a number of examinations and studies have been conducted for the last few years to better understand the instruments ...

Free Hungarian CO2 allocation schemes tuned to pumped-storage plantsPublished: 1 of December, 2011

Power plants may acquire CO2 quotas via auction only pursuant to the new ETS Directive that comes into force in 2013. Certain new Member States may be exempted from this requirement, providing free allocation to their power plants. Our study presents the ...

Carbon free European electricity generation by 2050?Published: 1 of September, 2010

In 2009 December in Copenhagen the European Union made great efforts to reach an agreement with other participating countries on the post-Kyoto obligations to curb greenhouse gas emissions. The EU carried on with the negotiations knowing that it had ...

The recycled CER cabaretPublished: 1 of June, 2010

Hungary immediately became the maverick of international emission markets when in the middle of March she played a bold trick on the market. The Government of Hungary brought to the market emissions credits which had previously been surrendered by ...

Analysis of carbon-dioxide emission figures of 2008Published: 1 of September, 2009

In Q3 2009, carbon-dioxide emission rights of 2008/2009 were finally allocated also to domestic actors of the market of allowances. This required us to analyse the most important developments in the European and the Hungarian markets of allowances in ...