Euro Markets: EUAs rise to 7-day high ahead of auction gap as energy gains continue amid weather concerns

Published 17:32 on July 12, 2022  /  Last updated at 20:29 on July 12, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs rose to their highest in seven days on Tuesday as traders positioned ahead of the fortnightly gap in the auction schedule, while energy prices were lifted by reports that French nuclear plants may have to trim operating rates as temperatures were forecast to soar across most of western Europe next week.

EUAs rose to their highest in seven days on Tuesday as traders positioned ahead of the fortnightly gap in the auction schedule, while energy prices were lifted by reports that French nuclear plants may have to trim operating rates as temperatures were forecast to soar across most of western Europe next week.

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.