Euro Markets: EUAs recover from sharp drop as REPowerEU taps MSR

Published 17:16 on December 14, 2022  /  Last updated at 01:38 on December 15, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs rallied after dropping to their lowest in ten days on news that co-legislators agreed to use some EUAs from the market stability reserve to help fund the EU's efforts to shift away from Russian fossil fuels, while December options contracts expired quietly.

EUAs rallied on Wednesday after dropping to their lowest in ten days on news that co-legislators agreed to use some EUAs from the market stability reserve to help fund the EU’s efforts to shift away from Russian fossil fuels, while December options contracts expired quietly.

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