Euro Markets: EUAs plunge by most in three weeks as gas and power price drops trigger selling

Published 17:25 on January 24, 2023  /  Last updated at 18:14 on January 24, 2023  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices dropped the most in nearly three weeks on Tuesday as sustained selling emerged when gas prices plunged on news that a major US export facility is set to resume LNG shipments, while traders were surprised by an EU decision to shift the market's annual issuance and compliance cycle.

EUA prices dropped the most in nearly three weeks on Tuesday as sustained selling emerged when gas prices plunged on news that a major US export facility is set to resume LNG shipments, while traders were surprised by an EU decision to shift the market’s annual issuance and compliance cycle.

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