Factor participates in the meeting of the Board of Directors of COGEN Spain
11 July 2017 | Markets
Today Tuesday, July 11, the meeting of the Board of Directors of COGEN Spain will be held in Madrid.
Throughout the meeting, various regulatory issues will be analyzed, such as the progress and follow-up of the Cogeneration Development Plan, the Climate Change and Energy Transition Law, network codes: status and next steps, environmental regulation, among others.
In the framework of this meeting Iker Larrea, Partner and Head of the Carbon Markets Division of Factor, will have an intervention in which he will present the current situation of the Law on climate change and energy transition in Spain, and will address some of the issues to be included in it.
On the other hand, Iker Larrea will present the situation of the CO2 market where he will detail the state of negotiations for the regulation of the European Emissions Trading System in 2021-2030, the new challenges presented to the sector to comply with the new regulations, as well as the impact which is expected to have this new regulation on the European CO2 market (free allocations, auctions, US supply and demand balances ...).
Another important issue that will be discussed during the meeting is the management of CO2 in 2017, both in terms of regulation and in terms of its economic/financial component (aid for compensation of costs of indirect emissions, optimal management of the deficit on emission rights, etc.).
Since 2004, Factor CO2 has offered technical consulting and market services to governments and international organizations, as well as more than 400 companies.