EU nations to cover less than a fifth of coal phaseout impact with EUA cancellations -analysts

Published 20:16 on July 10, 2020  /  Last updated at 20:16 on July 10, 2020  /  EMEA, EU ETS  /  No Comments

EU nations are only likely to cancel enough EUAs to account for around 15% of emissions reduced due to coal power phaseouts through 2030, with the vast majority of the lost generation being replaced by renewables rather than gas, analysts said in a report this week.

EU nations are only likely to cancel enough EUAs to account for around 15% of emissions reduced due to coal power phaseouts through 2030, with the vast majority of the lost generation being replaced by renewables rather than gas, analysts said in a report this week.

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