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.


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