The upward trend in the carbon price since 2015 has already seen coal generation decline significantly. Last year, total generation was a little over 100 TWh; it was 263 TWh in 2003. Sebastian Ligewie at Energy Brainpool looks at the prices of hard coal, lignite and the EUAs (EU emission allowances). It’s around €37 per MWh for hard coal and €8 for lignite. But emissions costs of around €63 per MWh for hard coal and €84 for lignite are added to … [Read more...]
“Book and Claim”: how end consumers can pay distant producers for low carbon products
In long logistical chains (found in steel, concrete, aviation, shipping and others) end consumers that want to pay a premium to cut their emissions (for example to comply with corporate decarbonisation promises) often have no way to pay the first link in that chain to go low-carbon. “Book and Claim” creates a market to do that. Consumers buy certificates, and producers get the money to fulfil the commitment. And a working system will bring to … [Read more...]