The UK Emissions Trading Scheme (UK ETS), launched on January 1, 2021, as a successor to the EU ETS for the UK (excluding Northern Ireland’s electricity generators), is overseen by the UK ETS Authority. Comprising the UK, Scottish, Welsh Governments, and Northern Ireland’s Department of Agriculture, Environment, and Rural Affairs, this initiative is designed to advance the UK’s climate goals through carbon pricing while safeguarding the competitiveness of British businesses. Covering approximately 1,000 entities across energy, manufacturing, and aviation sectors, with allowances primarily distributed through auctions, the UK ETS aims to reduce emissions significantly. It has set an ambitious net-zero emissions target, proposing a cap reduction of around 30% for Phase I (2021-2030), with a cap reset at 936 million allowances to align with this goal. The scheme is subject to continuous assessments and enhancements, including the exploration of strategies to mitigate carbon leakage risks, such as product standards and a carbon border adjustment mechanism (CBAM).
Title | Market | Market Type | Type | Category | Last Updated | Frequency | Source |
---|---|---|---|---|---|---|---|
UK_ETS Gas Storage (Dataset) (CT_UK_58179446) | Cap and Trade | UK ETS | Table | Market Variable | 30/07/2024 | Monthly | Gas Infrastructure Europe |
UK 1 Yr Gilt Yields (CT_UK_61761159) | Cap and Trade | UK ETS | Table | Market variable | Daily | Wall Street Journal | |
UK policy rates (CT_UK_62177960) | Cap and Trade | UK ETS | Table | Market variable | Quarterly | Bank of England | |
UK_ETS Free Allocation - Aviation (CT_UK_62981786) | Cap and Trade | UK ETS | Table | Data | None | Eurostat | |
UK_ETS Free Allocation - Industry (CT_UK_62981569) | Cap and Trade | UK ETS | Table | Market variable | None | Eurostat | |
UK_Generation_ESO (CT_UK_15420600) | Cap and Trade | UK ETS | Table | Data | Weekly | ESO | |
EU_ETS and UK_ETS Benchmark USD | Cap and Trade | UK ETS | View | Price | 30/07/2024 | Daily | cCarbon |
UK_ETS Gas Injection Seasonal | Cap and Trade | UK ETS | View | Market variable | 30/07/2024 | Monthly | Gas Infrastructure Europe |
UK_ETS Gas Storage | Cap and Trade | UK ETS | View | Market variable | 30/07/2024 | Monthly | Gas Infrastructure Europe |
UK_ETS Gas Withdrawal | Cap and Trade | UK ETS | View | Market variable | 30/07/2024 | Monthly | Gas Infrastructure Europe |
UK_ETS Power Generation Share Monthly | Cap and Trade | UK ETS | View | Market variable | 30/07/2024 | Monthly | Ember |
UK_ETS Power Sector Demand and Emissions Trend Monthly | Cap and Trade | UK ETS | View | Market variable | 30/07/2024 | Monthly | Ember |
This data workspace is for CAFÉ members only. Request Access
The brief also notes that the impact of drought is felt beyond the agriculture industry, as businesses that rely on agriculture
Our market portals and InSights are only for logged-in users with the relevant access. This can be you too…
This content is outside of your current package. If you need this too, let’s talk…
Send this problem to our Clients team, and we will get back to you shortly with a plan of attack.
Speak and exchange notes with our specific-market expert, use your complimentary hours.
Arrange with Client TeamTell us who you are, and what you're after. We'll find you the right person with the answer - before you wake up twice.
Tell us who you are, and what you're after. We'll find you the right person with the answer - before you wake up twice.
Your name and email in exchange for staying up to date across the world's environmental markets... what a deal?!
This content is outside of your current package.
If you need this too, let's talk…
Phasellus tempor tincidunt sem, sed dictum ipsum mollis vitae. Maecenas eu diam convallis, pellentesque lacus et, mollis enim.
ID # | Custom Name | Created On | ||
---|---|---|---|---|
Phasellus tempor tincidunt sem, sed dictum ipsum mollis vitae. Maecenas eu diam convallis, pellentesque lacus et, mollis enim.
# ID | Custom Name | Created On | ||
---|---|---|---|---|