ETS system interventions – position of the electricity sector

UFE considers the European allowance market as an effective mechanism for supporting reductions in CO2 emissions in industrial sectors and facilitating the transition to a low-carbon economy at minimum cost.
However, for the electricity sector, visibility of the long-term targeted emissions reduction objective is essential. Yet today, the price of carbon, as revealed by the ETS system, is low, which results in players not being given the necessary signal to anticipate their investment towards low-carbon technologies.