Carbon Market Data publishes key figures on the European emissions trading scheme for the year 2011

London - 16 April 2012

Carbon Market Data, a European company providing carbon market research and IT services, issued a data summary on the recent release of the EU Emissions Trading Scheme‘s 2011 verified emissions reports.

Based on Carbon Market Data calculations, the EU emissions trading scheme (EU ETS) installations were long by 87 Mt in 2011 (they emitted 87 million tonnes CO2 less than their number of freely received carbon allowances). This figure is derived from the verified emissions data submitted so far by 89% (in volume) of the 11,000 installations currently included in the trading scheme. It shows that EU ETS installations emitted – in total – 4.9% less CO2 than the number of allowances they received for free.

These figures include the 27 EU countries except Greece and Cyprus.

These figures do not include either so-called “new entrant reserves” allowances, which are distributed for free to new installations and to installations expanding the volume or the nature of their activities.

In 2011, EU countries allocated to their installations a total of 1985 million allowances (an allowance is a permit to emit one tonne of carbon dioxide). Verified emissions data submitted so far show that these installations emitted during the same period 1693 MtCO2. This represents an average decrease in CO2 emissions of 2.21% per installation in 2011 over 2010 (this figure takes into account only the installations that have submitted their emissions report).

This decrease in CO2 emissions surprised most analysts and might be due to the economic stagnation in Europe combined with the effect of energy efficiency and renewable energy policies.

In 2011, only one country allocated to its installations – in aggregate - less free allowances than they emitted: Germany (50 Mt).

All the other countries allocated to their installations more allowances than the amount of carbon emitted in 2011. Romania (-22 Mt), Spain (-18 Mt), Czech Republic (-12 Mt), France (-10 Mt) and Belgium (-10 Mt) are topping the list of countries with a surplus in EU carbon allowances.

The graph shows the EU ETS emissions-to-cap (the difference between the verified emissions and the allocated allowances) figures of EU countries.

In terms of emissions evolution between 2011 and 2010, only seven countries countries saw an increase of their CO2 emissions. Spain (+8.7%), Romania (+8%) and Portugal (+3.36%) experienced the highest increases in CO2 emissions. Last year, Spain and Portugal had seen a decrease in CO2 emissions of respectively 12% and 15% compared to 2009.

Countries that saw a decrease in their CO2 emissions in 2011 are topped by Northern European countries: Finland (-15%), Denmark (-15%), Lithuania (-14%) and Sweden (-12.3%).

The table shown in the following page displays the list of the 10 installations having the biggest shortage of free carbon allowances in 2011 in the European emissions trading scheme (excl. Greece).

The total shortage of these 10 installations amounts to 89 million carbon allowances.

Four of these installations belong to the German energy giant, RWE.

List of the 10 installations with biggest EUA shortage in 2011 (Provisional – Greece excl.)

installation

country

activity

company

allocated allowances 2011

verified emissions 2011

emissions-to-cap 2011

1

Kraftwerk Niederaußem

Germany

Combustion

RWE

15 437 146

28 629 424

13 192 278

2

Drax Power Station

UK

Combustion

Drax

9 501 265

21 465 607

11 964 342

3

Kraftwerk Jänschwalde

Germany

Combustion

Vattenfall

12 259 377

24 034 231

11 774 854

4

Kraftwerk Neurath

Germany

Combustion

RWE

8 462 697

19 562 503

11 099 806

5

CENTRALE TERMOELETTRICA DI TORREVALDALIGA NORD

Italy

Combustion

ENEL

-

9 745 749

9 745 749

6

Kraftwerk Weisweiler

Germany

Combustion

RWE

10 629 761

19 204 216

8 574 455

7

Kraftwerk Frimmersdorf

Germany

Combustion

RWE

8 171 598

15 239 724

7 068 126

8

ELEKTROWNIA BELCHATÓW

Poland

Combustion

PGE

26 937 155

32 823 146

5 885 991

9

Kraftwerk Boxberg Werk III

Germany

Combustion

Vattenfall

4 270 087

9 004 039

4 733 952

10

STABILIMENTO DI TARANTO

Italy

Combustion

Taranto Energia

4 077 042

8 643 811

4 566 769

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