EMEA > Euro Markets: EUAs drop below technical level as UKAs give up last of Monday’s reform-inspired gains

Euro Markets: EUAs drop below technical level as UKAs give up last of Monday’s reform-inspired gains

Published 17:17 on July 5, 2023  /  Last updated at 17:41 on July 5, 2023  / /  EMEA, EU ETS, UK ETS

EUA prices extended their losses for a third day amid low-key trading, falling below an important technical level as numerous participants headed to an industry conference, while UKAs gave up the last of Monday's 8.2% jump as the market reaction to news of UK ETS reforms turned bearish, and energy markets fell with renewables output forecast to rise.
EUA prices extended their losses for a third day amid low-key trading, falling below an important technical level as numerous participants headed to an industry conference, while UKAs gave up the last of Monday's 8.2% jump as the market reaction to news of UK ETS reforms turned bearish, and energy markets fell with renewables output forecast to rise.


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, log in here.