Emissions Trading / Carbon Market News (2017-04-18)

Dear Ladies and Gentlemen,

Trading on the European markets was interrupted because of the holidays on Good Friday and Easter Monday. In addition, because of the holiday season, there are also some trading places left empty. In the case of the CO2 market, only occasional larger trading positions brought short-term fluctuations, while in the meantime we faced very low volatility. The current high level of political news has certainly not been reflected in the course of European pollution rights.

As the German radio station Deutschlandfunk reported this morning, the expansion of charging stations for electric cars is progressing in Germany. The report is based on a communication from the Federal Network Agency, which reported nearly 2,000 new public charging points since March last year. The focus is in large cities such as Berlin, Frankfurt, Hamburg, Stuttgart and Munich – or in conurbations such as the Ruhr and the Rhineland. In the meantime there are also more and more offers in the countryside.

For a year now, operators have to register public charging stations for electric vehicles. They are then technically tested – among other things, whether they offer the required connector types. The Federal Network Agency today wants to publish a map of all public charging points in Germany.

According to the Federal Association for Energy and Water (BDEW), the number of public charging points for electric vehicles last year amounted to 7,407. The National Platform for Electro mobility (NPE) of industry, politics and science estimates that by 2020, 70,000 charging points and 7,100 rapid-charging stations will be necessary to supply electricity to the one-millionth electric car’s target.

 

(Average Quotes Exchange / OTC)      
Instrument 2017-04-13 2017-04-07 Change
EUA (Spotmarket) 4.94 EUR 4.88 EUR +0.06 EUR
EUA (December-2017-Future) 4.95 EUR 4.89 EUR +0.06 EUR
CER (Spotmarket) 0.25 EUR 0.26 EUR -0.01 EUR
ICE Brent Crude Oil (Benchmark Future) 55.61 USD 55.18 USD +0.43 USD
EURO (Currency, Forex) 1.0614 USD 1.0592 USD +0.0022 USD

(The average exchange quotes and OTC-prices shows the average between bids and ask of several exchanges and OTC markets for carbon emission rights in the ETS. Bid and ask have usually in Spot Market a visible spread. CER CP1 and ERU are eligible in ETS until end of March 2015 and must be swapped into EUA. Crude Oil and Euro Currency shows day-end-exchange quotes. These market information has just an informational character and are no advice or offer to trade carbon emission rights or their futures and options. If you want to unsubscribe, please reply to this mail.)

Please call our international carbon desk if any further questions exist: +49.2831.1348220 or +44.20.79790283.

 

 

With kind regards,

 

Advantag Services GmbH