In this episode of the Resonance podcast, you will learn:
- Carbon settles above 50 euros in the EU ETS Scheme. The European Commissioner says no plans to intervene and state prices should be even higher…
- The UK scheme suggests there is a cost containment mechanism to ensure carbon prices do not make UK PLC anti-competitive. More clarity is needed…
- Power prices have been forced up through fuel input costs, carbon price doubling and elevated balancing prices.
- What does that mean for prices and any decisions on buying that need to be made?
- Interconnector issues causing problems with power supply and demand from the continent
- Gas prices also remain high, impacted by NordStream 2 and the geopolitical situation surrounding it, and LNG pricing up with China drawing cargoes away from Europe and the UK.