EMEA > Euro Markets: EUAs post 1.9% weekly gain despite Friday’s gas-fuelled sell-off, as coal takes pole position

Euro Markets: EUAs post 1.9% weekly gain despite Friday’s gas-fuelled sell-off, as coal takes pole position

Published 17:14 on November 22, 2024  /  Last updated at 18:53 on November 22, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices posted a 1.9% weekly gain despite a steady decline on Friday amid some end-of-week profit taking that also pushed natural gas prices down, and shrugging off an ongoing shift in plant economics that analysts said puts coal ahead of gas for power generation over the next three months.
European carbon prices posted a 1.9% weekly gain despite a steady decline on Friday amid some end-of-week profit taking that also pushed natural gas prices down, and shrugging off an ongoing shift in plant economics that analysts said puts coal ahead of gas for power generation over the next three months.


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