Euro Markets: EUAs hold on to early gains as colder weather outlook provides support

Published 17:22 on January 3, 2024 / Last updated at 17:32 on January 3, 2024 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices clawed back on Wednesday some of the prior session's 5.5% drop as forecasts pointed to lower temperatures and reduced wind generation in the coming days, while an uptick in activity in timespreads suggested compliance participants are beginning to shift volumes farther along the curve.
European carbon prices clawed back on Wednesday some of the prior session's 5.5% drop as forecasts pointed to lower temperatures and reduced wind generation in the coming days, while an uptick in activity in timespreads suggested compliance participants are beginning to shift volumes farther along the curve.


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