Carbon & Energy
Sales of energy from own power plant and emission trading (CER)
Net sales C&E
1.5
EUR million
In the first half of the year, 14 800 tons of CO2 equivalents were produced. The next sale will take place in 2025 at the earliest due to new UNFCCC regulations. The prices for these certificates are at the lowest level since the project began about 20 years ago. The project expires end of October this year.
Sales from energy production amounted to EUR 1.5 million (previous year: EUR 1.7 million). The energy production enables the company to cover its own needs but also to supply the nearby town with electricity. The EBITDA margin was 27.6 %. Because Itacoatiara has now been connected to the Brazilian power grid, sales will be reduced because of the current low market prices, and we will sell large parts of the biomass for use in local industrial processes. The connection was planned already for February 2023, but took until June 2023 to complete.