Euro Markets: EUAs prices find support ahead of UK auction while energy markets extend gains

Published 17:21 on July 26, 2022  /  Last updated at 18:33 on July 26, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs posted a modest gain on Tuesday amid active participation from buyers looking to cover short positions after the market appeared to reach a floor ahead of the fortnightly UK auction, while energy prices advanced even as EU nations reached a deal to cut gas demand by 15% over the coming winter.

EUAs posted a modest gain on Tuesday amid active participation from buyers looking to cover short positions after the market appeared to reach a floor ahead of the fortnightly UK auction, while energy prices lifted even as EU nations reached a deal to cut gas demand by 15% over the coming winter.

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