EMEA > Euro Markets: EUAs set new six-month high as traders dismiss impact of REPowerEU auction vote

Euro Markets: EUAs set new six-month high as traders dismiss impact of REPowerEU auction vote

Published 17:31 on February 16, 2023  /  Last updated at 18:04 on February 16, 2023  / /  EMEA, EU ETS, UK ETS

European front-December carbon recorded its second-highest ever settlement price after rising to its highest in six months on Thursday, as traders shrugged off the bearish impact of the looming additions to auction supply under the REPowerEU plan that was approved this week, while energy markets eased off after two days of increases.
European front-December carbon recorded its second-highest ever settlement price after rising to its highest in six months on Thursday, as traders shrugged off the bearish impact of the looming additions to auction supply under the REPowerEU plan that was approved this week, while energy markets eased off after two days of increases.


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