EMEA > Euro Markets: EUAs continue slump as Brussels clean industrial policy leak sparks late gas volatility

Euro Markets: EUAs continue slump as Brussels clean industrial policy leak sparks late gas volatility

Published 12:22 on February 18, 2025  /  Last updated at 18:03 on February 18, 2025  / /  EMEA, EU ETS, UK ETS

European carbon prices continued their downtrend on Tuesday, breaching several key technical support levels, as the weight of a TTF gas market sell-off for most of the session kept pressure on EUAs, though a leak of the draft EU Clean Industrial Deal Communication that emerged in the afternoon, containing a more flexible approach to gas storage, spurred some late gas volatility.
European carbon prices continued their downtrend on Tuesday, breaching several key technical support levels, as the weight of a TTF gas market sell-off for most of the session kept pressure on EUAs, though a leak of the draft EU Clean Industrial Deal Communication that emerged in the afternoon, containing a more flexible approach to gas storage, spurred some late gas volatility.


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