EMEA > Euro Markets: EUAs hold on to early gains amid energy volatility as weather points to thermal generation

Euro Markets: EUAs hold on to early gains amid energy volatility as weather points to thermal generation

Published 17:19 on November 4, 2024  /  Last updated at 17:27 on November 4, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices rose strongly on Monday morning before consolidating these early gains for the rest of the session, amid healthy increases in gas and power as traders pointed to weather forecasts supporting thermal generation, with markets also preparing themselves ahead of Tuesday's US presidential election.
European carbon prices rose strongly on Monday morning before consolidating these early gains for the rest of the session, amid healthy increases in gas and power as traders pointed to weather forecasts supporting thermal generation, with markets also preparing themselves ahead of Tuesday's US presidential election.


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