Allowance Price Explorer Documentation

31 May 2019

Disclaimer: Allowance price data updated manually. The last update took place on May 31, 2019. The data is provided for information purposes only; current allowance prices may differ from those displayed. We do not take responsibility for the timeliness, correctness, or completeness of the data provided.

Notes:

  • Allowance prices are updated quarterly.
  • Emission Trading System (ETS) allowance prices are not a single commodity. Allowance prices are not directly comparable across systems, given different circumstances and differences in ETS design
  • Different types of prices are displayed for difference systems, either auction or spot (see table below). Prices are reported in different frequencies depending on their availability. This heterogeneity may affect the ability to view allowance price data across specific time periods.
  • RGGI allowance prices are in short tons and have been converted metric tons for the purposes of the tool.
  • Where allowance prices reflect auction settlement prices, a linear development of the price between auctions is assumed. Prices in secondary markets may differ from this trajectory.
  • Spot prices reflect settlement prices and do not capture intra-day trade variation.
  • Where allowances have a limited vintage, the time series data compiles these vintages in a way that reflects the compliance cycle.
  • Rule-based market stability mechanism with price triggers can be overlaid on the jurisdiction-specific view. Other stability mechanisms which do not have price triggers cannot be reflected here but may also impact upon prices.
  • Allowances prices can be viewed in Euros (€), USD ($) or, for the jurisdictions specific view, domestic currency. All market stability mechanisms are displayed in domestic currency.
  • Where systems are linked, the domestic currency market stability mechanisms may also exhibit exchange rate volatility.
  • Prices for the ETS systems in Kazakhstan, Tokyo and Saitama are not included in this version of the tool.


Recommendation for data export/import:

The data is exported as a CSV file. This file can be opened in MS Excel with the following conventions:

  • Separator – semicolon
  • Decimal symbol: period
To avoid misinterpretation of the data it is best to use the “Import dialogue”.



Sources for allowance prices and exchange rates:


System

 

Type of price

 

Acknowledgement

 

Source

European Union Emissions Trading System (EU ETS)

 

Spot price

 

EUA spot price data provided by the EEX Group 

 

EEX

New Zealand Emissions Trading System (NZ ETS)

 

Spot price

 

NZU Data supplied by OM Financial Limited – New Zealand

 

OM Financial

Regional Greenhouse Gas Initiative

 

Auction price

 

RGGI auction prices are retrieved from the RGGI website (here)

 

RGGI

Californian Cap and Trade Program

 

Auction price

 

Californian Cap and Trade auction prices are retrieved from the Air Resources Board website (here)

 

Californian Air Resources Board (ARB)

Québec Cap and Trade Program

 

Auction price

 

Québec Cap and Trade auction prices are retrieved from the Ministry for the Fight Against Climate Change website (here)

 

Ministry for the Environment and the Fight against Climate Change

Ontario Cap and Trade Program

 

Auction price

 

Ontario Cap and Trade auction prices are retrieved from the Government of Ontario’s website (here).

 

Ontario Government

Switzerland Emissions Trading System

 

Auction price

 

Swiss ETS auction prices are retrieved from the Swiss Emissions Registry (here).

 

Swiss Emissions Registry

Korean Emissions Trading System

 

Spot price

 

Korean ETS spot prices are retrieved from the Korea Exchange (here)

 

Korea Exchange

Shenzhen (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the China Emissions Exchange (Shenzhen) (here)

 

China Emissions Exchange (Shenzhen)

Beijing (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from The China Beijing Environmental Exchange (here)

 

China Beijing Environmental Exchange

Shanghai (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the Shanghai Environmental and Energy Exchange (here)

 

Shanghai Environmental and Energy Exchange

Tianjin (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the Tianjin Climate Exchange (here)

 

Tianjin Climate Exchange

Guangdong (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the China Emissions Exchange (Guangzhou) (here)

 

China Emissions Exchange(Guangzhou)

Hubei (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the China Hubei Emission Exchange (here)

 

China Hubei Emission Exchange

Chongqing (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the Chongqing Carbon Emissions Trading Center (here)

 

Chongqing Carbon Emissions Trading Center

Fujian (Pilot) Emissions Trading System

 

Spot price

 

Prices are provided by SinoCarbon and retrieved from the Haixia Equity Exchange (here)

 

Haixia Equity Exchange

Exchange rates

 

Monthly Average Exchange Rates

 

Exchange rates are provided by the International Monetary Fund, International Financial Statistics and can be accessed (here).

 

IMF DATA




Acronyms used in data download sheet:


Market Stability Mechanisms

Abbreviations

Auction Reserve Price

ARP

Emissions Containment Reserve

ECR

Cost Containment Reserve

CCR

Price Ceiling

P_cel