Euro Markets: EUAs post 4.6% weekly gain amid wait for REPowerEU clarity

Published 13:39 on October 7, 2022  /  Last updated at 19:24 on January 5, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon prices strengthened on Friday, posting a modest daily rise and locking in weekly gains of nearly 5% as traders await clarity from ongoing REPowerEU talks as to how many allowances may be diverted to fund winter energy measures, while energy markets slumped also offering price support.

European carbon prices strengthened on Friday, posting a modest daily rise and locking in weekly gains of nearly 5% as traders await clarity from ongoing REPowerEU talks as to how many allowances may be diverted to fund winter energy measures, while energy markets slumped also offering price support.

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