EMEA > Euro Markets: EUAs drop below key support to four-month low as energy prices extend losses

Euro Markets: EUAs drop below key support to four-month low as energy prices extend losses

Published 17:29 on October 3, 2023  /  Last updated at 17:50 on October 3, 2023  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices declined for the sixth time in the last seven days, dropping to their lowest in four months, as weakening margins for coal-fired power plants depressed demand for EUAs, while German baseload power fell to its lowest since March 2022 and natural gas prices also fell by 6% for a second day.
European carbon prices declined for the sixth time in the last seven days, dropping to their lowest in four months, as weakening margins for coal-fired power plants depressed demand for EUAs, while German baseload power fell to its lowest since March 2022 and natural gas prices also fell by 6% for a second day.


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