Carbon Market Data, a European company providing carbon market research and data supply services, has published the rankings of companies included in the European Union’s emissions trading scheme, following the recent release of verified emissions reports for the year 2012.
Based on Carbon Market Data’s research, RWE, Vattenfall and E.ON were the three biggest CO2 emitters of the EU emissions trading scheme (EU ETS) during the year 2012. RWE, Vattenfall and E.ON emitted in 2012 respectively 157 MtCO2, 92 MtCO2 and 90 MtCO2.
This ranking is unchanged from last year. These figures are calculated at group level, taking into account both minority and majority stakeholdings in other companies included in the EU emissions trading scheme.
RWE figures include Essent's power generation assets, acquired in 2009 by the German energy giant. RWE's emissions are up by 16 MtCO2 from the previous year.
In 2012, the three companies with the highest surplus of freely allocated EU carbon allowances (EUAs) were two steel makers and one cement manufacturer: ArcelorMittal (37 million EUAs surplus), Tata Steel (owner of Corus; 19 million EUAs surplus) and Lafarge (12 million EUAs surplus). This ranking is unchanged from last year.
ArcelorMittal, the world’s biggest steel maker, continues to dominate this ranking by far, with a surplus of 37 million EU allowances in 2012. At current EUA price of 3.9 euros, this surplus represents a selling value of 145 million euros.
Unsurprisingly, the three companies having in 2012 the highest shortage of EU carbon allowances are all involved in the electricity generation business. These companies are RWE (shortage of 45 Mt), Vattenfall (28 Mt) and Enel (17 Mt). At current EUA price of 3.9 Euros, RWE’s shortage represents a value of 175 million Euros.
The three companies having surrendered the biggest number of CERs (Certified Emissions Reductions) to EU Member States are E.ON (27 million CERs), Enel (16.5 million CERs) and GDF-Suez (8.5 million CERs). The three companies having surrendered the biggest quantity of ERUs (Emissions Reductions Units) for 2012 compliance are RWE (15 million ERUs), CEZ (12.5 million ERUs) and E.ON (11 million ERUs).