Higher EU renewables targets by 2030 risks depressing carbon price, say analysts

Published 16:02 on April 19, 2021  /  Last updated at 21:21 on April 19, 2021  /  EMEA, EU ETS  /  No Comments

The EU will need to carefully calibrate its 2030 renewables targets with the bloc’s carbon market to avoid depressing EUA prices due to reduced power sector demand, analysts said in a report last week.

The EU will need to carefully calibrate its 2030 renewables targets with the bloc’s carbon market to avoid depressing EUA prices due to reduced power sector demand, analysts said in a report last week.

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