EUA prices set to begin sustained rally as market faces up to annual deficits after 2024 –analyst

Published 14:32 on April 24, 2024  /  Last updated at 14:32 on April 24, 2024  / Alessandro Vitelli /  EMEA, EU ETS

European carbon allowance prices are expected to embark on a sustained rally in the near future as the current 100 million-tonne annual surplus in supply dwindles to become an annual deficit of as much as 300 Mt after the end of the REPowerEU programme, according to a veteran analyst.
European carbon allowance prices are expected to embark on a sustained rally in the near future as the current 100 million-tonne annual surplus in supply dwindles to become an annual deficit of as much as 300 Mt after the end of the REPowerEU programme, according to a veteran analyst.


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