10.03.2016 - E.ON hedging rates steady, CO2 dives 25% in 2015
Utility E.ON, Europe’s third biggest emitter, reported a steady rate of power generation and forward hedging rates in 2015 as the company’s ETS-regulated CO2 output plunged 25%. For its expected outright central European generation, E.ON said it had hedged 100% of its Y+1 and Y+2 output and 40% of its Y+3. This matches the level of a year earlier and represents no advance on Y+1 and Y+2 hedging rates as of the end of Q3-2015. The figures showed E.ON had slowed its hedging rates over the second half of 2015, after advancing slightly on its historical levels over the first half...............................................Full Article: Source
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