CORRELATIONS: EU carbon gets cosier with power, gas as temperatures drop

Published 23:47 on February 1, 2021  /  Last updated at 23:49 on February 1, 2021  /  EMEA, EU ETS  /  No Comments

EU carbon’s correlation to European power and gas prices has strengthened in recent weeks as temperatures have dropped, analysis by Carbon Pulse shows, while EUAs' relationship to coal has slackened as demand for the fuel has diminished.

EU carbon’s correlation to European power and gas prices has strengthened in recent weeks as temperatures have dropped, analysis by Carbon Pulse shows, while EUAs’ relationship to coal has slackened as demand for the fuel has diminished.

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