EU utilities report hedging lag as thermal output drops

Published 15:25 on November 13, 2020  /  Last updated at 00:03 on November 14, 2020  / Ben Garside /  EMEA, EU ETS

Major European utilities EnBW and Engie reported lagging hedging rates in their Q3 results on Friday, though the overall steep drop in EU thermal generation is likely to eclipse any bullish signal this may have provided for EUAs.
Major European utilities EnBW and Engie reported lagging hedging rates in their Q3 results on Friday, though the overall steep drop in EU thermal generation is likely to eclipse any bullish signal this may have provided for EUAs.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.