Euro Markets: EUAs tick up on technical and gas rebound as warm weather encourages return to fuel switching

Published 17:15 on January 5, 2023  /  Last updated at 19:25 on January 5, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon prices rose just over 1% on Thursday, rebounding somewhat after two heavy loss-making sessions, though fundamentals remained weak as warm winter weather has driven a return to incentivised coal-to-gas fuel-switching and has dampened overall demand for energy.

European carbon prices rose just over 1% on Thursday, rebounding somewhat after two heavy loss-making sessions, though fundamentals remained weak as warm winter weather has driven a return to incentivised coal-to-gas fuel-switching and has dampened overall demand for energy.

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