Oct. 4 (Bloomberg) -- European Union emissions trading climbed 64 percent in September from a year earlier while natural gas volumes declined 22 percent, according to London Energy Brokers’ Association.
Total carbon contracts bought and sold via brokers in London rose to 343 million metric tons, while 1,590 gigawatt-hours of gas were bought and sold in Europe, the industry group said in its monthly volume report sent by e-mail today. That compares with 210 million tons of emissions permits and 2,047 gigawatt-hours of gas contracts in September last year.
Total traded volumes of power contracts advanced 2 percent from a year earlier.
The following table is a summary of LEBA’s data for September and the year-on-year change.
Percent year-on-year Market Volume Unit change U.K. Gas (NBP) 794,470,441 Megawatt-hours -32 Dutch Gas (TTF) 539,551,890 Megawatt-hours -14 German Power 368,371,608 Megawatt-hours -4 U.K. Power 57,376,311 Megawatt-hours -36 European Coal 100,770,000 Metric tons -33 Emissions 343,296,284 Metric tons +64
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