EMEA > Euro Markets: EUAs hit 15-month high, breach technical levels as power drives carbon strength

Euro Markets: EUAs hit 15-month high, breach technical levels as power drives carbon strength

Published 17:31 on January 23, 2025  /  Last updated at 17:39 on January 23, 2025  / /  EMEA, EU ETS, UK ETS

European carbon prices jumped as much as 3.6% on Thursday and touched a 15-month high as a rise in German power prices pulled gas and EUAs upwards, breaching technical levels for carbon and triggering more discussion about the market's increasing speculative length.
European carbon prices jumped as much as 3.6% on Thursday and touched a 15-month high as a rise in German power prices pulled gas and EUAs upwards, breaching technical levels for carbon and triggering more discussion about the market's increasing speculative length.


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