The reason for this is the profound influence of carbon quotas on European electricity prices and our wish to understand how these price mechanisms operate.
Based on this rationale, Statkraft was an early entrant in the carbon market and the EU trading scheme. We were also active at an early stage in the Clean Development Mechanism (CDM) world, with projects in South Africa, leading to the first-ever CERs (Certified Emission Reductions) issued in Africa. As of today Statkraft manages a diversified portfolio of projects in different host countries and investments in World Bank carbon funds, leading to a reliable stream of CERs.