EU ETS reform and wind investments

The EU is reforming its Emissions Trading System to help deliver its new 55% climate target. This is likely to drive up the CO2 price well beyond the increases of the last 2 years.

How will higher CO2 prices impact wind investments? How will they impact wholesale power prices? Is the CO2 price just an avoided cost, or can it support revenue? Will hedging undermine the impact of a higher CO2 price anyway? Tune into this Sofa Talk to see what a revamped ETS means for wind investments.