KINECT ENERGY informs customers and partners about the developments in the EU emissions trading ETS

The European Emissions Trading Scheme (EU-ETS) has been the EU's central climate protection 
instrument since 2005. With it, the greenhouse gas emissions of the participating energy 
industry and the energy-intensive industry.
In addition to carbon dioxide, laughing gas and perfluorinated hydrocarbons have also been 
included since 2013. The European Emissions Trading Scheme (EU-ETS) was established in 2005 
to implement the international climate protection Kyoto Agreement and is the central European 
climate protection instrument. Besides the 27 EU member states and UK have also joined 
Norway, Iceland and Liechtenstein EU emissions trading connected (EU 31). In the EU-ETS, 
the emissions across Europe are around 11,000 plants in the energy sector and energy-intensive 
industry are recorded. Together these plants cause around 40% of greenhouse gas emissions 
in Europe. Since 2012 the intra-European air traffic included in the EU ETS. ...
The EU-ETS works on the principle of the so-called "Cap & amp; Trade ". An upper limit (cap) 
sets determines how many greenhouse gas emissions from the installations subject to emissions 
trading in total may be expelled. The member states give a corresponding amount of emissions
authorizations to the systems - partly free of charge, partly via auctions. ...
The emission allowances can be freely traded on the market (trade). This forms a price for 
greenhouse gas emissions. This price creates incentives for those involved Companies to 
reduce their greenhouse gas emissions.
Source: German Federal Environment Agency

KINECT ENERGY Green Services is part of the worldwide WORLD KINECT ENERGY SERVICES

At the end of the year, a new phase begins in the EU ETS ( Emission Trading System ) for the period 2021 to 2030. The participants and obligated companies are preparing for this new section and fulfilling the obligations for the difficult year 2020 to at the end of March 2021.

The experts from KINECT ENERGY Green Services give a detailed overview of the expected developments in supply and demand due to various influencing factors such as the planned shutdowns in the coal industry and economic influences from the Covid-19 pandemic.

  • Anette Gussiaas : Director of Sustainability, EMEA @World Kinect Energy Services, Kinect Energy Green Services
  • Trine Braathen : Business Developer Environmental Markets @World Kinect Energy Services, Kinect Energy Green Services

 

Problems in the EU ETS

The EU ETS is an ambitious push towards more climate protection and climate justice in the key industries that are largely responsible for C = 2 emissions. The system is not perfect and has systematic weaknesses, but it is better than doing nothing and watching the global warming move closer and closer to the 2 ° target.

"As a result of less ambitious caps, crisis-related decreases in production and emissions and 
the extensive use of international project credits has increased a large amount since 2008
excess emission allowances accumulated in the EU ETS. These surpluses have substantial
contributed to the price decline observed for emission allowances between 2011 and 2017.
Prices have risen significantly again since mid-2017. In mid-2020 the price was around
23 euros.
Source: German Federal Environment Agency "

 

DELTA ADVICE and KINECT ENERGY GREEN SERVICES

DELTA ADVICE GmbH has been associated with KINECT ENERGY GREEN SERVICES since 2012. Together with the predecessor company of KINECT ENERGY – Bergen ENERGI – DELTA ADVICE has opened a partnership for the Czech Republic and Slovak Republic. DELTA ADVICE is the local and exclusive partner in the region and supports the handling of complex projects in the respective energy markets with local know-how.

KINECT ENERGY will become WORLD KINECT ENERGY SERVICE

Thanks for being one of our most valued customers.

We are constantly looking at ways of delivering the best energy solutions in the market, so we are excited to inform you that we can now provide an even better level of service, with our new expanded portfolio:

  • To truly embrace our new services, we also decided to update our name, to one that represents the coming together of our two leading brands – World Fuel Services and Kinect Energy Group. The result is one integrated global group focused on Everything Energy, called World Kinect Energy Services.
  • Everything Energy means we keep your vehicles fueled, your facilities powered, and your organization operating with a lower carbon footprint, all focused on helping you buy better and buy smarter.

Only our brand is changing.

Our legal entity remains the same. There are no changes to your current contracts, and they remain valid.

Are all services and capabilities available in all locations?

It is our goal to be Everything Energy. However, our current capabilities (particularly related to physical supply options) will vary from location to location. Please speak to your main contact or Account Manager to understand where we can support you

WE’RE READY TO HELP YOU BUY EVEN BETTER AND SMARTER

World Kinect Energy Services.

World Kinect Energy ServicesOur ServicesEuropean Main LocationsService Portfolio

World Kinect Energy Services
9800 NW 41 Street, Miami
Florida 33178
United States of America
Phone: +1 305 428 8000
info@world-kinect.com

World Kinect Energy Services is a global leader in energy management, fuel supply, and sustainability. Our focus is Everything Energy, helping our customers buy better and buy smarter, every day.

As a trusted partner, we help ensure vehicles are fueled, facilities powered, and businesses operating efficiently, with lower carbon footprints.

We support customers in a wide variety of industries, including: Hotels & Leisure, Manufacturing, Mining, Ports (Air, Sea, Rail), Public Administration, Transportation, Utilities & Power Generation, Agriculture, Commercial Services, Construction, Education, Fuel Retail, and Hospitals.

Our five core solutions are designed to make fuel, energy, and sustainability easier, so you can focus on what you do best:

  • Physical Supply
  • Energy Procurement and Price Optimization
  • Price Risk Management
  • Data Management
  • Sustainability

With more than 5,000 industry experts and dedicated account managers based in North America, Europe, and Asia, we manage over 200 TWh of power and gas and touch 1.5% of global fuel demand, making us one of the top fuel and energy companies in the world.

Thousands of customers trust our reliable fuel, energy, and sustainability solutions – email us today at info@world-kinect.com to find out how we can support your energy needs. Or visit world-kinect.com to learn more about our personalized approach and portfolio of services.

Locations

  • 62 Buckingham Gate
    London
    England SW1E 6AJ
    GB

  • Novalisstraße 10
    Berlin 10115
    DE

  • Fantoftvegen 38
    Bergen, Hordaland 5072
    NO

  • 155, Rue Montmartre
    Paris
    Ile-de-France 75002
    FR

Service Portfolio

  • Energy Management
  • Energy Consulting
  • Sustainability, Carbon Management
  • Price Risk Management
  • Energy Procurement
    • Natural Gas
    • Electricity
    • Biogas
    • LNG
    • Natural Gas Procurement
    • Electricity Procurement
  • Invoice Processing
  • Budgeting
  • Reporting
  • Infrastructure
  • Hedging