Empowering Company B with EU carbon compliance management
Company B, a leading manufacturing firm in Europe, is working to navigate the complexities of the EU ETS as the regulatory landscape shifts. The company required a reliable partner to help them understand the specifics of compliance carbon markets and develop a strategy for purchasing EUAs. Additionally, they sought insights into short-term market drivers, risk management, and the factors influencing carbon pricing as free allocation phases out. Veyt was engaged to provide tailored support in these areas.
The challenge
Company B, a leading manufacturing firm in Europe, is working to navigate the complexities of the EU ETS as the regulatory landscape shifts. The company required a reliable partner to help them understand the specifics of compliance carbon markets and develop a strategy for purchasing EUAs. Additionally, they sought insights into short-term market drivers, risk management, and the factors influencing carbon pricing as free allocation phases out. Veyt was engaged to provide tailored support in these areas.
The solution - Veyt's EU Compliance Carbon platform
Veyt’s platform offered Company B the tools and insights to tackle these challenges. Key features of the platform provided support in the following areas:
- Market data and analysis: Through near real-time data, including price and volume tracking, auction updates and fuel correlations, Company B gained insights into short-term carbon price drivers. This information enabled the company to refine its EUA purchasing strategy and better anticipate market movements;
- Policy tools and forecasts: Veyt’s platform includes policy framework analysis, such as the Fit for 55 roadmap and funding mechanisms. These features helped Company B understand future regulatory changes and how they might influence EUA supply, demand, and pricing. The forecast tools, including emission and market balance forecasts, allow for better planning and risk management;
- Decarbonisation insights: Using Veyt’s industry-specific model, Company B was able to explore decarbonisation pathways for the manufacturing sector. The model provided detailed emission forecasts and industry abatement strategies, allowing the company to align its operations with broader climate goals while preparing for the impacts of CBAM;
- Comprehensive reporting: Veyt’s platform offered weekly reports and analyst updates, providing Company B with the latest market intelligence and helping them stay ahead of policy changes and market developments.
The result - informed decision-making and risk management
Veyt’s platform offered Company B the tools and insights to tackle these challenges. Key features of the platform provided support in the following areas:
- Market data and analysis: Through near real-time data, including price and volume tracking, auction updates and fuel correlations, Company B gained insights into short-term carbon price drivers. This information enabled the company to refine its EUA purchasing strategy and better anticipate market movements;
- Policy tools and forecasts: Veyt’s platform includes policy framework analysis, such as the Fit for 55 roadmap and funding mechanisms. These features helped Company B understand future regulatory changes and how they might influence EUA supply, demand, and pricing. The forecast tools, including emission and market balance forecasts, allow for better planning and risk management;
- Decarbonisation insights: Using Veyt’s industry-specific model, Company B was able to explore decarbonisation pathways for the manufacturing sector. The model provided detailed emission forecasts and industry abatement strategies, allowing the company to align its operations with broader climate goals while preparing for the impacts of CBAM;
- Comprehensive reporting: Veyt’s platform offered weekly reports and analyst updates, providing Company B with the latest market intelligence and helping them stay ahead of policy changes and market developments.
As Company B continues its journey towards decarbonisation, Veyt’s platform will provide ongoing support, offering insight into carbon markets, industry emissions, and future regulatory frameworks. This partnership is helping Company B prepare for the next phase of the EU ETS and ensure compliance in an increasingly complex regulatory environment.
Our solutions
Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.
