Head of EMEA Power, Gas, Coal and Carbon, London
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Jun 4, 2015

Exclusive: EU regulators find some industries may need another 10 years of free carbon credits

BRUSSELS/LONDON (Reuters) – Some of Europe’s most heavily polluting industries could need to retain access to free carbon allowances covering all their emissions for the decade to 2030 if the EU is to avoid pricing companies out of the bloc, a regulators’ assessment has found.

The EU wants to tighten up the issuance of free permits to industry to emit carbon dioxide as part of efforts to curb the release of the gas blamed for climate change. But the assessment seen by Reuters says some companies may still need to be allowed free credits covering all their emissions.

Jun 4, 2015

EU regulators find some industries may need another 10 years of free carbon credits

BRUSSELS/LONDON, June 4 (Reuters) – Some of Europe’s most
heavily polluting industries could need to retain access to free
carbon allowances covering all their emissions for the decade to
2030 if the EU is to avoid pricing companies out of the bloc, a
regulators’ assessment has found.

The EU wants to tighten up the issuance of free permits to
industry to emit carbon dioxide as part of efforts to curb the
release of the gas blamed for climate change. But the assessment
seen by Reuters says some companies may still need to be allowed
free credits covering all their emissions.

Jun 3, 2015

IEA sees slower rise in global gas demand as Asian markets weaken

LONDON, June 4 (Reuters) – Growth in natural gas demand will
slow to an average 2 percent a year globally over the next five
years, largely due to weaker than expected Asian markets, the
International Energy Agency (IEA) said on Thursday.

Gas demand growth will decelerate from the average 2.3
percent recorded over the past 10 years, to reach 3,926 billion
cubic metres by 2020, the agency said in its annual medium-term
gas outlook report.

Jun 2, 2015

Global CO2 pricing seen unlikely to be big part of Paris climate deal

LONDON/BONN, June 2 (Reuters) – A global carbon emissions
pricing system pushed by top energy companies is unlikely to be
a big part of any United Nations’ deal to curb global warming,
some experts say, because many countries have little faith in
such cross-border initiatives.

“All countries are relatively sceptical on international
market mechanisms,” said Niklas Hoehne, founding partner of
research group NewClimate Institute. “They are open to have
national trading mechanisms or national pricing, but to have
these mechanisms internationally, there is a lot of reluctance.”

Jun 1, 2015

Apollo plan on cheaper green energy seeks global backing

LONDON (Reuters) – A plan for a new global research program aimed at driving down the costs of renewable energy more quickly has drawn serious interest from the world’s leading economies, its proponents say.

The Global Apollo Programme would be an internationally coordinated scheme of research and development focusing on electricity storage technology, smart grids and renewables, according to a report prepared by scientists, economists, former chief executives and academics.

May 26, 2015

EU carbon market expects price rise for first time in four years

LONDON (Reuters) – Participants in the European Union’s carbon market expect average prices to rise for the first time in four years, an annual survey published by the International Emissions Trading Association (IETA) showed on Tuesday.

The survey conducted by PwC drew on responses from 122 IETA members including utilities, trading houses and banks.

May 7, 2015

Aquila Capital launches European hydropower fund

LONDON, May 7 (Reuters) – Alternative asset manager Aquila
Capital launched a European hydropower fund on Thursday, calling
it the first such fund for institutional investors.

The Aquila Capital European Hydropower Fund has initally
invested in 33 small plants with an average production capacity
of 210 gigawatt hours per year and an minimum investment size of
10 million euros.

Apr 29, 2015

UK must submit new air quality plans to EU by end of year

LONDON, April 29 (Reuters) – The British government must
submit new plans to the European Commission by Dec. 31 to tackle
the harmful air pollutant nitrogen dioxide, the UK Supreme Court
ruled on Wednesday.

The court said last year the government had breached an EU
directive which puts a limit on certain air pollutants.

Apr 17, 2015

Renewable energy surge revives Europe’s power trade

FRANKFURT/LONDON (Reuters) – The rise of renewable energy is delivering a boost to Europe’s declining power market as traders get busy in short term deals to juggle unpredictable supplies of wind and solar.

Exchanges show more trade as suppliers buy and sell power closer to when demand will appear, to meet their delivery obligations, because electricity cannot be stored effectively. New players are also attracted by lower capital requirements and risks.

Apr 13, 2015

UK gas supply seen tight in Q2 on early summer maintenance

LONDON, April 13 (Reuters) – Earlier and longer than usual
summer maintenance on Norwegian gas infrastructure could tighten
Britain’s gas supply this quarter and reduce exports to
continental Europe.

The summer gas season, which runs from April to October, is
typically a period of lower demand due to warmer temperatures so
many gas infrastructure operators carry out maintenance.

    • About Nina

      "Based in London, Nina leads and coordinates Reuters' coverage of power, gas, coal and carbon markets across Europe, Middle East and Africa. She also covers renewable energy, environment, climate change and new clean energy technologies. Nina has thirteen years of journalistic experience. Previously at Reuters, Nina has covered energy and carbon markets and environment in London and EU energy policy and competition in Brussels. Before joining Reuters, Nina worked as a journalist in the European pulp and paper sector in Brussels and for Japanese newspaper The Yomiuri Shimbun, covering everything from UK politics and the Iraq War to sport and entertainment. ..."
      Joined Reuters:
      2007
      Languages:
      Russian, Italian, French, basic Japanese, some Turkish
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