Euro Markets: EUAs slide to six-month low amid prospect of additional supply

Published 17:20 on September 5, 2022  /  Last updated at 10:39 on September 6, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices tumbled as much as 5% to a new six-month low on Monday as energy prices soared following Russia's extended closure of the Nord Stream 1 pipeline, while traders speculated over EU measures to cap energy prices and the growing likelihood that the bloc will sell more allowances to help fund the energy transition from Russian fuels.

EUA prices tumbled as much as 5% to a new six-month low on Monday as energy prices soared following Russia’s extended closure of the Nord Stream 1 pipeline, while traders speculated over EU measures to cap energy prices and the growing likelihood that the bloc will sell more allowances to help fund the energy transition from Russian fuels.

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.