ANALYSIS: Hydro drought to compound tight EU energy supply, support EUAs

Published 17:18 on May 6, 2022  /  Last updated at 02:13 on June 4, 2022  /  EMEA, EU ETS, International, Shipping  /  No Comments

Hydro levels at multi-year lows across Europe will continue to support ETS-covered fossil fuel burn amid an already-tight regional power mix, with analysts expecting that the resulting rise in coal and gas generation could offset reductions from renewable capacity expansion in 2022 and support a year-on-year rise in EU power sector emissions.

Hydro levels at multi-year lows across Europe will continue to support ETS-covered fossil fuel burn amid an already-tight regional power mix, with analysts expecting that the resulting rise in coal and gas generation could offset reductions from renewable capacity expansion in 2022 and support a year-on-year rise in EU power sector emissions.

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