• A recap on supply for 2020 and 2021
NZUs closed firm at $31 on Friday.
A recap on supply for this emission year and next.
This year is the last year for Kyoto. The Fixed Price Option (FPO) will be $35 once the ETS Reform Bill receives the Royal assent. There are three ways emitters can meet this year’s requirements.
1) Buy spot and/or forward NZUs
2) Participate in the first auction in 2021 – expected to be in March
3) Pay the FPO in May 2021
In 2021, the first year of Paris will be also…