EMEA > CORRECTION – Euro Markets: EUAs trim substantial gains as market absorbs impact of REPowerEU delays

CORRECTION – Euro Markets: EUAs trim substantial gains as market absorbs impact of REPowerEU delays

Published 17:31 on May 2, 2023  /  Last updated at 04:59 on May 3, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

EUAs jumped substantially on Tuesday morning after the European Commission said auctions of some allowances from the Innovation Fund to help finance the REPowerEU initiative would be delayed, triggering a price increase of as much as 5.8% in busy trading, before the afternoon brought some selling back into the market.
EUAs jumped substantially on Tuesday morning after the European Commission said auctions of some allowances from the Innovation Fund to help finance the REPowerEU initiative would be delayed, triggering a price increase of as much as 5.8% in busy trading, before the afternoon brought some selling back into the market.


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