Euro Markets: EUAs little changed as traders seek direction amid carbon’s waning influence on power

Published 17:22 on August 25, 2022  /  Last updated at 20:09 on August 25, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon traded sideways for a second day on Thursday as traders waited for more fundamental signals as the annual reduction in auction supply neared its end and energy prices rose further, eroding carbon's ability to influence the power merit order.

European carbon traded sideways for a second day on Thursday as traders waited for more fundamental signals as the annual reduction in auction supply neared its end and energy prices rose further, eroding carbon’s ability to influence the power merit order.

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