EMEA > Euro Markets: Front-December EUAs breach €100 for first time despite EU approval of REPowerEU auctions

Euro Markets: Front-December EUAs breach €100 for first time despite EU approval of REPowerEU auctions

Published 17:29 on February 21, 2023  /  Last updated at 17:42 on February 21, 2023  / /  EMEA, EU ETS, UK ETS

Front-December EUAs rose above €100/tonne for the first time in the European market's 18-year history amid determined flurries of buying on Tuesday, as traders appeared to reject the short-term impact of the EU's plan to front-load auction sales to fund the pivot away from Russian fossil fuels.
Front-December EUAs rose above €100/tonne for the first time in the European market's 18-year history amid determined flurries of buying on Tuesday, as traders appeared to reject the short-term impact of the EU's plan to front-load auction sales to fund the pivot away from Russian fossil fuels.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.