ANALYSIS: UKA premium evaporates as demand to swap EUAs dries up and market nears balance

Published 16:54 on February 13, 2023  /  Last updated at 16:54 on February 13, 2023  / /  EMEA, EU ETS, UK ETS

The premium for UK Allowance prices over EUAs has evaporated after rising to over €32 in mid-2022, as UK emitters are thought to have largely finished replacing forward hedges in European permits with the British equivalent and the impact of a deeper recession begins to be felt.
The premium for UK Allowance prices over EUAs has evaporated after rising to over €32 in mid-2022, as UK emitters are thought to have largely finished replacing forward hedges in European permits with the British equivalent and the impact of a deeper recession begins to be felt.


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