EMEA > Euro Markets: EUAs trade in slim range after early gas-fuelled tumble as market fights for direction

Euro Markets: EUAs trade in slim range after early gas-fuelled tumble as market fights for direction

Published 17:08 on April 29, 2024  /  Last updated at 17:08 on April 29, 2024  / Alessandro Vitelli /  EMEA, EU ETS, UK ETS

European carbon prices slumped early on Monday morning in line with weakening energy markets, as warmer weather and a predicted rise in renewable power generation raised the prospect of reduced demand for thermal output, before the day developed into a battle for direction with aggressive sellers facing off against determined resistance.
European carbon prices slumped early on Monday morning in line with weakening energy markets, as warmer weather and a predicted rise in renewable power generation raised the prospect of reduced demand for thermal output, before the day developed into a battle for direction with aggressive sellers facing off against determined resistance.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.