Get our thinking on the latest changes in the energy and environmental space - from policy and regulation to market movements and innovation. We provide data-driven, no-nonsense viewpoints on the energy transition.
Prices in Europe’s energy markets have surged to historic levels in recent weeks. While these high prices illustrate the growing pains the energy system is currently experiencing, they are only half of the story.
On July 14th, the long-awaited ‘Fit for 55’ package was announced by the EU Commission as part of the European Green Deal.
On 8 September 2021, the price of carbon in Europe reached over €63 – its highest ever price since the emissions trading scheme (ETS) launched in 2005. For the majority of 2017 however, it stood at just €5 a tonne.