Canadian Energy Issues – Page 118 – Where energy converges with environment in Canada and the rest of the world

Cap and trade, Carbon tax, Electricity, Emission trading, Greenhouse gas emissions, Kyoto, Political communication

The European emission trading scheme: market volatility teaches some early, hard lessons

by Stephen E. Aplin • May 19, 2006 • 0 Comments

There is a lot of flak and confusion surrounding the recent drama over the EU’s emission trading scheme (ETS). The price of carbon permits crashed last week when some market participants suddenly revealed they had more permits than expected. (For…

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Table A1: Total Ontario generation, and related CO₂ emissions, in hour preceding 23:05 EST on Jan 19 2022
FUEL	MWh	CO₂, tons
Nuclear	9,231	0
Hydro	3,693	0
Gas	2,599	932
Wind	3,867	0
Biofuel	31	31
Oil & Gas	0	0
Solar	0	0
TOTAL	19,421	963
CO₂ intensity per kWh (CIPK) in the last hour: 50.71 grams.


Table A2: Total Ontario generation, and related CO₂ emissions, midnight to 23:05 EST on Jan 19 2022
FUEL	MWh	CO₂, tons
Nuclear	203,176	0
Hydro	84,822	0
Gas	55,510	19,028
Wind	85,602	0
Biofuel	628	628
Oil & Gas	0	0
Solar	5,173	0
TOTAL	430,259	19,656
Average CO₂ intensity per kWh (CIPK) over period: 43.51 grams

This content is updated at 50 minutes past the hour. Refresh at that time to see latest available data. Sources: www.ieso.ca and EmissionTrak™

**Table A3** Should we replace nuclear plants with natural gas-fired ones? This table compares actual Ontario grid CO₂ emissions from the last hour with those from a grid in which gas has replaced nuclear.
Actual Ontario grid	Gas replaces nuclear
963	6,040
50.71	318.05
Tons CO₂ CIPK, grams If gas had replaced nuclear last hour, Ontario power plants would have dumped enough CO₂ to fill Rogers Centre 2.1 times. As it was, 963 tons were dumped, which would fill Rogers Centre 0.3 times.