GEN – 1163.00. On behalf of the European Commission (DG CLIMA), Öko-Recherche is working on a series of analysis evaluating the implementation of the F-Gas Regulation (EU) No 517/2014 since 2015. This includes, among others, monitoring of the refrigerant prices. The Q2/2020 report has been recently shared with Eurovent.
Öko-Recherche, on behalf of the European Commission (DG CLIMA), works on the monitoring of HFC prices. This is an ongoing activity started in 2016.
Background of the Q2/2020 report
The price data on refrigerants are obtained from 58 companies from ten EU Member States (main respondents from France, Germany, and Italy) and all supply chain levels (3 gas producers, 6 gas distributors, 25 OEMs, 23 service companies, 1 end-user) reported purchase and/or selling prices for HFCs and lower GWP alternatives.
It is to be noted that companies do not report prices for all refrigerants but only for the ones relevant to them.
Findings of the Q2/2020 report
- Demand was said to be very low, inter alia due to the economic situation under the influence of Covid-19 pandemic. A strong decrease in demand was observed in the automotive sector, where R134a is used for first filling of mobile AC systems in new vehicles exported to non-EU countries (OEM level) as well as for servicing and maintenance of existing mobile AC systems (service company level). With respect to R410A, demand was said to be rather low since many buildings were not used and hence companies were holding back investments in new AC systems or the servicing and maintenance of existing AC systems.
- Prices for R134a and R410A decreased at all supply chain levels compared to the previous quarter, while R404A prices remained rather stable.
- Gas suppliers indicated a clear technological shift towards natural refrigerants (e.g. in commercial refrigeration, heat pumps, white goods), at clear expense of synthetic lower GWP alternatives such as HFO-HFC-blends, for which demand is still low, as many OEMs are switching directly to natural refrigerants. Prices of HFO-HFC blends remained either stable or decreased compared to the previous quarter.
- Prices for quota authorisations reported by six companies ranged from below 1 to 5 €/t CO2e. Some quota holders made extensive efforts to approach their customers, but companies were described as “well-stocked” with quota authorisations.
- There were no indications with respect to limited availability of any refrigerant.
Manufacturers using refrigerants may find it useful to check the report as it provides additional information. Some may even find it useful to participate in the price monitoring activities.
Related documents and links
All related documents and articles can be found in the respective sections in the right sidebar.
- GEN – 1163.01 – Öko-Recherche Excerpt Price monitoring Q2/2020
- GEN – 1160.00 – F-Gas review consultation
- GEN – 1120.00 – Development of HFC prices Q1-2020
- GEN – 1083.00 –Development of HFC prices Q3-2019
- GEN – 1064.00 – Development of HFC prices Q2-2019
- GEN – 1057.00 – Price evolutions refrigerants and French carbon tax
- GEN – 1043.00 – Development of HFC prices
- GEN – 969.00 – F-Gas industry roundtable
- GEN – 958.00 – F-Gas recent publications
- GEN – 896.00 – Öko-Recherche – Monitoring survey on refrigerant prices
- GEN – 890.00 – F-Gas Regulation Consultation Forum 6 March 2018