Euro Markets: EUAs give up half Monday’s gains as market digests REPowerEU proposals and gas rises

Published 18:03 on September 27, 2022  /  Last updated at 18:21 on September 27, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices gave up half of the previous session's sharp gains on Tuesday as traders absorbed the implications of the European Parliament's preliminary deal on REPowerEU carbon sales, while energy prices rose strongly after reports of leaks in undersea sections of the Nord Stream gas pipeline system.

EUA prices gave up half of the previous session’s sharp gains on Tuesday as traders absorbed the implications of the European Parliament’s preliminary deal on REPowerEU carbon sales, while energy prices rose strongly after reports of leaks in undersea sections of the Nord Stream gas pipeline system.

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