02.12.2021

It is worth knowing how much you will pay for participating in the CO2 emissions rally

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Author

Arkadiusz Somnicki

Member of the Board

We are anxiously looking at the list of CO2 emission contracts every day. Today (02/12/2021) the price of CO2 exceeds 79EUR, three times more than two years ago. We know that the current situation will affect our wallets next year. In homes, businesses and the entire economy.

Fast calculation. Assuming the EUR / EUR exchange rate at 4.59 PLN / EUR and the approximate influence of the CO2 price on the electricity price at 0.8, we get the approximate cost of CO2 in PLN for each MWh of energy we consume - 290 PLN / MWh.

To illustrate how high this level is, it is enough to compare the above-mentioned value to current energy prices in houses 300 PLN / MWh. There is no need to say - the value of 97% (290/300) is impressive. To this, let's add the cost of generating energy, certificates, excise duties and we will get the current sales prices for next year ... Entrepreneurs who did not manage to contract energy earlier receive prices from sellers for 2022 at the level of PLN 600 / MWh and higher.

Why are the prices of CO2 emission allowances so high? Above all, Europe is entering the winter season, and national economies are recovering from covid dormancy. Therefore, the demand for energy is increasing, for the production of which other power units are launched, including coal-fired ones (their operation depends on the purchase of CO2 emission permits). Carbon prices are also not helped by the announcement of an even more restrictive EU climate policy and by allowing financial institutions to buy and sell emissions as part of speculative trading.

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