EMEA > Shift in EU ETS supply-demand balance prompts bank to slash 2023-2030 price forecasts

Shift in EU ETS supply-demand balance prompts bank to slash 2023-2030 price forecasts

Published 18:57 on September 26, 2023  /  Last updated at 18:57 on September 26, 2023  / Alessandro Vitelli /  EMEA, EU ETS

A sharp drop in forecast emissions in the EU ETS out to 2030 compared to pre-Covid forecasts, together with the expected additional supply of allowances to be released under the REPowerEU policy, has led a large bank to slash its EUA price forecast by 11% for 2023, with larger reductions in its predictions in subsequent years out to 2027.
A sharp drop in forecast emissions in the EU ETS out to 2030 compared to pre-Covid forecasts, together with the expected additional supply of allowances to be released under the REPowerEU policy, has led a large bank to slash its EUA price forecast by 11% for 2023, with larger reductions in its predictions in subsequent years out to 2027.


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