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  /  EMEA, EU ETS  /  No Comments

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.

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