CO2-related financial exposure is widely considered to be the greatest single threat to current power generation portfolios. Corporate decisions are being taken today in anticipation of a CO2 price environment fraught with uncertainty. Over- or undershooting will have serious value consequences; given the degree of volatility, a properly hedged CO2 position will involve a balance between these extremes.

CERA's European Emissions Trading study addresses the following key questions:

• What is the role of carbon trading in Europe's overall energy policy framework?


• What are the status and direction of ETS market design, including the National Allocation Plans?


• What are the lessons to be drawn from other emissions trading schemes around the world?


• What are the costs for alternative abatement technologies in the power sector?


• What are the possible price ranges of CO2 allowances in Europe?

CERA Research Reports

Browse other CERA research reports:

Oil Reports
Power Reports
Gas Reports
Energy Technology Reports

About CERA

CERA Reports Online, a wholly owned subsidiary of IHS Energy, is a leading advisor to international energy companies, governments, financial institutions, and technology providers. CERA delivers critical knowledge and independent analysis on energy markets, geopolitics, industry trends, and strategy. CERA's expertise covers all major energy sectors--oil and refined products, natural gas, and electric power--on a global and regional basis.