EMEA > Euro Markets: Power, gas rally pushes EUAs 6.5% higher on the week, triggers technical buying

Euro Markets: Power, gas rally pushes EUAs 6.5% higher on the week, triggers technical buying

Published 17:21 on November 8, 2024  /  Last updated at 18:36 on November 8, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices extended their late Thursday rally to post a 6.5% weekly gain as power and gas-inspired buying turned into a technical rally as EUAs climbed above key technical levels, as weather forecasts called for lower temperatures in much of Europe.
European carbon prices extended their late Thursday rally to post a 6.5% weekly gain as power and gas-inspired buying turned into a technical rally as EUAs climbed above key technical levels, as weather forecasts called for lower temperatures in much of Europe.


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