Maximising your allocation, minimising your compliance costs

Regardless of whether you enjoyed a surplus or a deficit of EU-allowances (EUAs) in the first phase of the EU ETS, it is clear that allocation plans for the second phase will be stricter and are likely to cause significant allowance deficits for many operators from 2008 onwards. With Perspectives’ broad experience regarding both compliance markets and CDM/JI, we support the optimisation of your performance in the EU ETS.

 

Maximising allocation, developing an appropriate trading strategy, optimising the operation of your generation capacities and acting quickly and flexibly on the EUA-markets are all crucial elements for good performance in the short- and medium-term. In the long-term, the most significant chance for success lies in the Kyoto-Mechanisms CDM/JI. CERs and ERUs, which can be used for compliance purposes, cannot be generated from one day to the next. Considering the 20-30% target of the EU for 2020 and the potential 40% target for Germany, it makes a lot of sense to develop a proper CDM/JI strategy sooner rather than later. Perspectives supports you in determining your demand – not only in quantitative terms, but also regarding the most suitable investment approach for you, such as buying into a CER/ERU fund, buying credits from a risk-appropriate project, or investing capital in your own project activity

 

Our services include:

 

• Developing a CDM/JI strategy that fits your needs, with proper design and the risk diversification of your project portfolio
• Advice on strategy and support of the application for EUA-allocation for new and existing installations and installation compounds
• Strategic advice regarding potential restructuring/technical adaptations and capacity additions to existing installations
• Compliance work: monitoring schemes, monitoring reports, dialogue with your national authority

 

Working on your emissions trading strategy, we are utilising our broad experience from the first phase of the EU ETS. Perspectives has accompanied the allocation processes of 30 installations with annual CO₂-emissions totalling more than 7 million tons. Applications for early actions, joint installation, set-up of monitoring schemes and elaboration of monitoring reports as well as risk CO₂-evaluation for new installations complement our service portfolio. Our staff was engaged before the implementation of the EU ETS was even decided. Sonja Butzengeiger worked in her personal capacity with the Germany Emissions Trading Group under the leadership of the German Environment Ministry from 2001-2006.

 

 

Project Name	Client	Project Description	Location	Duration
CER- Channeling german utility	confidential	Channeling of a Vietnamese hydro power CDM project activity Perspectives is not longer involved in brokering.	Vietnam	2007 - 2008
Emissions Trading in Germany	Adelphi Research	Support of the German Emissions Trading Group and its sub-working group IV (CDM/JI) under lead of the German Environment Ministry.	Germany	2007 - 2008
Economic chances of climate policy	German Ministry for the Environment	Analysis of economic chances and risks to German business due to climate change policy	Germany	2006 - 2007
Comparison of NAPs and intensity targets	Environment Ministry Canada	Comparison of allocation plans in selected EU Member states for major industrial sectors. Evaluation of target stringency.	EU| Canada	2005 - 2006
Monitoring reports 2005	Various clients	Preparation of monitoring reports for 2005 for 16 installations covered by the EU ETS	Germany	2006
Implementation of Emissions Trading in Germany	Hamburg Institute of International Economics	Stakeholder dialogue regarding the implementation of the EU-ETS in Germany	Germany	2003 - 2006
EU Linking Directive - Thailand*	European Commission	Study on the impact of the EU Linking Directive on the Thai CDM market.	Thailand	2006
Strategy development for installation’s closure	Confidential	Analysis of allocation consequences in case of installations closure, strategy advice	Germany	2005
Allocation and monitoring plan - Stadtwerke Bremen	Stadtwerke Bremen (via G+P GmbH)	Strategy for allocation in the EU-Emissions Trading Scheme; development of CO2 monitoring concepts for 18 installations	Germany	2004 - 2005
Allocation and monitoring plan - LaFarge Cement	LaFarge Cement (via G+P GmbH)	Strategy for allocation in the EU-Emissions Trading Scheme for 3 production centers	Germany	2004
Allocation for new installations under the EU-ETS	Stadtwerke Bremen	Evaluation of investment opportunities for new electricity generation capacities under consideration of the EU ETS	Germany	2004 - 2005
Allocation and monitoring plan - Danisco Sugar	Danisco Sugar (via G+P GmbH)	Strategy for allocation in the EU-Emissions Trading Scheme; development of CO2 monitoring concepts	Germany	2004
Allocation and monitoring plan - EADS	European Aeronautic Defence and Space Company EADS (via G+P GmbH)	Strategic assessment of allocation methods and implementation of CO2 monitoring and reporting concepts	Germany	2004 - 2005
Allocation and monitoring plan - Südzucker AG	Südzucker AG (via G+P GmbH)	Strategy for allocation in the EU-Emissions Trading Scheme for 2 production centers; desing of monitoring plans in line with the EU monitoring directive	Germany	2004
Allocation and monitoring plan - mbm	Maul Belser Medienverbund (via G+P GmbH)	Strategic assessment of allocation methods and implementation of CO2 monitoring and reporting concepts	Germany	2004 - 2005
HEW - cooperation*	Hamburg Electricity Company (now: Vattenfall Europe) and HWWA	Consulting on German and international climate policies with a focus on emissions trading and the Kyoto Mechanisms and implications on energy industries.	Germany	2000 - 2003