EMEA > RWE reports heavy emissions drop in 2023, CEO points to REPowerEU sales as creating “downward spiral” in carbon market

RWE reports heavy emissions drop in 2023, CEO points to REPowerEU sales as creating “downward spiral” in carbon market

Published 10:14 on March 14, 2024  /  Last updated at 13:00 on March 14, 2024  / Roy Manuell /  EMEA, EU ETS, UK ETS

RWE saw emissions from electricity production fall by a large margin last year, due to a slump in ETS-covered coal and gas burn brought on by weak power demand, it said in annual results on Thursday, as the company's CEO also pointed out that additional EUA sales introduced by Brussels were now creating a "downward spiral" for prices in the bloc's carbon market.
RWE saw emissions from electricity production fall by a large margin last year, due to a slump in ETS-covered coal and gas burn brought on by weak power demand, it said in annual results on Thursday, as the company's CEO also pointed out that additional EUA sales introduced by Brussels were now creating a "downward spiral" for prices in the bloc's carbon market.


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