Regulation
Uncertainty over UK ROCs damages investor confidence
Recent changes to the allocation of Renewable Obligation Certificates by the UK DECC has left industry participants wary about their long-term value, finds Katie Holliday
EPA proposes tightening emissions standards
The Environmental Protection Agency (EPA) has proposed a tighter standard for ground-level ozone emissions in a move that could affect the US emissions trading market.
Gensler calls for tighter regulation of dealers
Commodity Futures Trading Commission (CFTC) chairman Gary Gensler refused to detail a timetable for imposing position limits on energy traders today, but called for tighter regulation of dealers in over-the-counter derivatives.
EUA market auction goes live on spot market
Leipzig-based European Energy Exchange (EEX) today launched primary market auctioning of European Union Emission Allowances (EUAs). EEX is running the primary auction for EUAs in Germany on behalf of the German Federal Ministry for the Environment.
RGGI lawsuit settled
A challenge to the legality of the Regional Greenhouse Gas Initiative (RGGI) has been settled, according to a statement from the New York State organisations involved.
Republican aims to block EPA carbon regulation
Alaskan senator Lisa Murkowski plans to file a disapproval resolution to prevent the Environmental Protection Agency (EPA) from regulating greenhouse gas emissions (GHGs) under the Clean Air Act.
EPA issues GHG endangerment finding
In a move that could foreshadow regulation of US businesses that emit greenhouse gases (GHGs), the US Environmental Protection Agency (EPA) announced yesterday that GHGs threaten the public health and welfare of the American people.
US cap-and-trade offsets clouded by uncertainty
As US firms await climate change legislation, it looks inevitable that heavy emitters will need to invest in carbon offset projects – some of them overseas – in order to meet targets. However, the outlook for offsets is clouded by regulatory uncertainty…
UK energy policy: time for change?
UK energy policy could be set for a shake-up next year, with a change of government looking likely, and security of supply and green issues at the fore, writes Lawrence Haar
Power sector concerned about regulatory overlap
Power sector trade bodies yesterday criticised proposals for regulation of over-the-counter derivatives, saying it would duplicate current Federal Energy Regulatory Commission (Ferc) oversight of the US power market.
EEX wins primary auction contract for German EUAs
The European Energy Exchange (EEX) will run the primary auction for European emission allowances (EUAs) in Germany on behalf of the German Federal Ministry for the Environment starting in January 2010.
Cap-and-trade bill passed by Senate committee
The Senate Committee on Environment and Public Works (EPW) passed the Kerry-Boxer Clean Energy Jobs and American Power Act by 11 votes to one today, with all seven Republican committee members absent from the vote.
Electric utilities urge prudent reform
Increased transparency in the OTC derivatives markets is a goal supported by the US power industry, but it’s imperative that increased regulation doesn’t push up the cost of hedging and cause higher or more volatile electricity prices, writes Richard…
EDF gets green light to invest in US nuclear
French energy company EDF and Constellation Energy, a Baltimore, Maryland-based power generator, have received regulatory approval for a nuclear joint venture announced in January.
Report highlights US cap-and-trade winners and losers
The power sector is likely to top the list of both winners and losers if a proposed cap-and-trade system for greenhouse gas emissions in the US comes into existence, according to Point Carbon.
Russia permits national bank to sell AAUs
According to reports today, Russia has given the go-ahead to its largest national bank, Sberbank, to sell the country’s Assigned Amount Units (AAUs), prompting fears of a potential flood of AAUs entering the market pre-2013.
Senate starts deliberations on cap-and-trade bill
Senate committee hearings began yesterday on the Clean Energy Jobs and American Power Act, co-authored by senators John Kerry and Barbara Boxer.
International energy regulator launched
The creation of the International Confederation of Energy Regulators (ICER), a group of 12 regional energy regulatory associations, was announced by John Mogg, president of the Council of European Energy Regulators (CEER), at the fourth World Forum of…
An audience with Bainton Capital
Steve Drummond from Bainton Capital discusses the potential outcome of the United Nations Climate Change Conference to be held in Copenhagen in December.
Skilling granted appeal hearing
The US Supreme Court has agreed to hear an appeal from Jeffrey Skilling, former chief executive of Enron.
