Euro Markets: EUAs give up €2 intraday gain amid rising selling as gas wavers

Published 17:15 on January 15, 2026 / Last updated at 17:18 on January 15, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon allowance prices managed to record a modest daily increase on Thursday after rising almost €2.00 to set a 31-month high before giving up all their gains having breached a technical channel, as a brief turnaround in the gas market in the middle of the day encouraged sellers, while UKA prices also hit another 33-month peak and retreated.
European carbon allowance prices managed to record a modest daily increase on Thursday after rising almost €2.00 to set a 31-month high before giving up all their gains having breached a technical channel, as a brief turnaround in the gas market in the middle of the day encouraged sellers, while UKA prices also hit another 33-month peak and retreated.


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