{"id":84684,"date":"2020-05-12T13:40:39","date_gmt":"2020-05-12T11:40:39","guid":{"rendered":"https:\/\/hostsharing.gallehr.de\/co2-emissions-trading-quantity-of-allowances-in-circulation-for-2019-published\/"},"modified":"2021-07-02T13:20:03","modified_gmt":"2021-07-02T11:20:03","slug":"co2-emissions-trading-quantity-of-allowances-in-circulation-for-2019-published","status":"publish","type":"post","link":"https:\/\/www.gallehr.de\/en\/co2-emissions-trading-quantity-of-allowances-in-circulation-for-2019-published\/","title":{"rendered":"CO2 emissions trading: quantity of allowances in circulation for 2019 published"},"content":{"rendered":"<p><a href=\"https:\/\/www.gallehr.de\/wordpress\/wp-content\/uploads\/2021\/06\/Emissionshandel.jpg\"><img decoding=\"async\" class=\"alignnone size-medium wp-image-84796\" src=\"https:\/\/www.gallehr.de\/wordpress\/wp-content\/uploads\/2021\/06\/Emissionshandel-300x55.jpg\" alt=\"EU-ETS Emissions trading DEHSt NIMS free allocation\" width=\"300\" height=\"55\" srcset=\"https:\/\/www.gallehr.de\/wordpress\/wp-content\/uploads\/2021\/06\/Emissionshandel-300x55.jpg 300w, https:\/\/www.gallehr.de\/wordpress\/wp-content\/uploads\/2021\/06\/Emissionshandel-1024x186.jpg 1024w, https:\/\/www.gallehr.de\/wordpress\/wp-content\/uploads\/2021\/06\/Emissionshandel-768x140.jpg 768w, https:\/\/www.gallehr.de\/wordpress\/wp-content\/uploads\/2021\/06\/Emissionshandel.jpg 1100w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>On 08.05.2020, the EU <a href=\"https:\/\/ec.europa.eu\/clima\/sites\/clima\/files\/ets\/reform\/docs\/c_2020_2835_en.pdf\">published<\/a> the amount of allowances in circulation for 2019.<\/p>\n<p>The amount of allowances in circulation has fallen from 1.66 billion (2018) to 1.38 billion (2019).<\/p>\n<p>As the quantity of allowances in circulation exceeds the limit of 0.833 billion, 24% of this quantity of allowances in circulation is allocated to the Market Stability Reserve (MSR), i.e. 0.332 billion EUAs.<\/p>\n<p>Accordingly, Member States will auction 332 million fewer EUAs between September 2020 and August 2021, further tightening supply.<\/p>\n<p>Background:<\/p>\n<p>The MSR introduced by the EU takes effect from 2019.<br \/>\nIt functions in a similar way to a central bank and has the task of keeping the available quantity of certificates and thus indirectly also the EUA price within a certain range.<br \/>\nIt has been one of the most important price drivers recently for the EEA, along with the tightening of allocations in the 4th trading period.<br \/>\nWithout the MSR, the price of EUA would certainly have fallen significantly in the wake of the Corona crisis.<\/p>\n<p>Author: Markus Kasten<\/p>\n<p>Date: 12.05.2020<\/p>\n<p><a href=\"https:\/\/www.gallehr.de\/firma\/\">GALLEHR+PARTNER<sup>\u00ae<\/sup><\/a> supports affected companies on issues related to the European Emissions Trading Scheme (EU-ETS) and the National Emissions Trading Scheme (nEHS).<\/p>\n<p><a href=\"https:\/\/www.gallehr.de\/contact\/kontakt\/\">If you are interested please contact us<\/a><\/p>\n<p>You might also be interested in:<\/p>\n<ul>\n<li><u><a href=\"https:\/\/www.gallehr.de\/eu-ets-ueberwachungsplaene-fuer-die-4-handelsperiode-muessen-bis-zum-31-07-2020-eingereicht-werden\/\">EU-ETS: Monitoring plans for the 4th trading period must be submitted by, 31.07.2020<\/a><\/u><\/li>\n<li><a href=\"https:\/\/www.gallehr.de\/dehst-hintergrundpapier-zum-nationalen-emissionshandelssystem-nehs-behg-veroeffentlicht\/\">DEHSt background paper on the national emissions trading system (nEHS\/BEHG) published<\/a><\/li>\n<li><a href=\"https:\/\/www.gallehr.de\/brennstoffemissionshandelsgesetz-behg-nehs-wer-ist-betroffen\/\">Fuel Emissions Trading Act (SESTA, nEHS) &#8211; Who is affected?<\/a><\/li>\n<li><a href=\"https:\/\/www.gallehr.de\/kompetenz\/emissions-trading\/\">The European Emissions Trading Scheme (EU-ETS) and the consequences for affected companies<\/a><\/li>\n<li><a href=\"https:\/\/www.gallehr.de\/kompetenz\/energiemanagement-beratungs-module\/\">Energy management in industry: ISO 50001 as a management system to avoid energy and CO<sub>2<\/sub> costs<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>On 08.05.2020, the EU published the amount of allowances in circulation for 2019. The amount of allowances in circulation has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417,429],"tags":[439,448,457,491,492,493],"class_list":["post-84684","post","type-post","status-publish","format-standard","hentry","category-news","category-archive","tag-eu-ets-en","tag-emissions-trading","tag-co2-en","tag-market-stability-reserve","tag-msr-en","tag-ets-en"],"_links":{"self":[{"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/posts\/84684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/comments?post=84684"}],"version-history":[{"count":0,"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/posts\/84684\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/media?parent=84684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/categories?post=84684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gallehr.de\/en\/wp-json\/wp\/v2\/tags?post=84684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}