EMEA > Euro Markets: EUAs hit 10-month high moderate trade as gas surges on North Sea outage

Euro Markets: EUAs hit 10-month high moderate trade as gas surges on North Sea outage

Published 17:24 on January 2, 2025  /  Last updated at 17:53 on January 2, 2025  / /  EMEA, EU ETS, UK ETS, Uncategorized

European carbon allowance prices jumped 3% on Thursday and touched a 10-month high as the market began to resume normal activity after the holiday break, with front-December EUAs picking up their correlation with TTF natural gas prices that rose steeply on the back of outages in the North Sea.
European carbon allowance prices jumped 3% on Thursday and touched a 10-month high as the market began to resume normal activity after the holiday break, with front-December EUAs picking up their correlation with TTF natural gas prices that rose steeply on the back of outages in the North Sea.


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