双碳周报：全国碳市场碳排放额累计成交量下降-20250917

Report Summary 1. Investment Rating The report does not mention the industry investment rating. 2. Core View The report tracks important dynamics in the domestic and international "dual carbon" fields from September 8th to September 12th, 2025, mainly in the carbon quota trading area. It shows that last week, carbon quota trading prices in European and American carbon markets decreased, while prices in the South Korean carbon market increased. The trading volume in the South Korean carbon market rose significantly, while the cumulative trading volume of carbon emission allowances in the national carbon market decreased. There were also significant developments in the green - development field [2][5]. 3. Summary by Directory 3.1 International Carbon Trading Market Tracking - European Carbon Quota Price and Volume: EUA spot price dropped by 1.75% from September 8th to September 12th, and the trading volume increased by 314.67% to 31.10 tons. EUA futures price decreased by 1.79%, and the trading volume decreased by 45.63% to 216.50 tons [6]. - US Carbon Quota Price and Volume: EUA futures price declined by 1.81%, and the total trading volume decreased by 7.59% to 169.99 million tons. UKA futures price dropped by 1.73% [12]. - South Korean Carbon Quota Price and Volume: KAU25 spot price rose by 10.76%, and the trading volume increased by 72.31% to 60.93 tons [17]. 3.2 Domestic Carbon Market Tracking - National Carbon Market Carbon Quota Volume and Average Transaction Price: The cumulative trading volume of carbon emission allowances (CEA) was 532.81 tons, and the cumulative transaction amount was 332.6115 million yuan, with decreases of 36.42% and 38.62% respectively compared to the previous week. The average daily transaction price of CEA was 62.58 yuan/ton, a 4.29% decrease [21]. - Weekly Average Transaction Price of Carbon Quotas in Domestic Pilot Provincial and Municipal Carbon Markets: Except for HBEA in Hubei and GDEA in Guangdong, the weekly average transaction prices of carbon quotas in domestic pilot carbon markets showed a downward trend. FJEA in Fujian had the largest decline, reaching 10.00% week - on - week and 26.41% month - on - month [25]. - Trading Volume and Transaction Amount of Carbon Quotas in Domestic Pilot Provincial and Municipal Carbon Markets: The carbon quota trading in domestic pilot carbon markets was mainly concentrated in Shenzhen, Shanghai, Beijing, and Tianjin, accounting for 97.23% of the total weekly trading volume and 98.10% of the total weekly transaction amount. The total weekly trading volume of domestic pilot carbon markets was 21.60 tons, a 118.54% increase [27]. 3.3 Dual - Carbon Frontier Technology Tracking - China's First Offshore Carbon Dioxide Storage Project Exceeds 100 Million Cubic Meters in Storage: The Enping 15 - 1 oilfield carbon storage project has successfully stored over 100 million cubic meters of carbon dioxide, marking the maturity of China's offshore carbon dioxide storage technology and providing a new model for marine energy recycling [29]. - China's Largest All - Vanadium Redox Flow Battery Photovoltaic - Energy Storage Integration Project Conducts Its First Charging Experiment: The energy storage power station of the project in Jimsar, Xinjiang, has successfully started the first charging experiment, providing key technical support for solving the problem of large - scale new energy grid - connected consumption [32].