INTRODUCTION
This brief examines the implications to Europe's utilities of EU policy on
emissions reductions, and the future of emissions trading in key European
markets.
SCOPE OF THIS REPORT
- Primary coverage: western Europe, especially the UK, Denmark and northern
Europe
- Also discussed: aspiring EU members from central and eastern Europe, as
well as the US
REPORT HIGHLIGHTS
From 2005, the EU will see a common emissions capping and trading mechanism,
designed to help the EU to satisfy its Kyoto commitments. The result will be the
creation of a pan-European market for greenhouse gas emissions. This will
present Europe's utilities with a new set of challenges and opportunities. How
well the challenges are tackled and the opportunities grasped, will depend both
on the utilities themselves and on the EU's success in creating a level playing
field in this new market.
KEY REASONS TO BUY THIS REPORT
- The brief introduces the reader to an exciting by challenging new market,
which has the potential to grow to EUR10bn per annum
- The brief discusses what actions Europe's utilities need to take in order
to take advantage of those opportunities, particularly in relation to MEUs.
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