EU carbon costs drive bulk of power price rise, widening gap with US -report

Published 14:57 on February 17, 2026 / Last updated at 15:43 on February 17, 2026 / / Americas (US & Canada), EMEA (Compliance Markets & Taxes, Europe), Net Zero Transition (Industrial Decarbonisation, Power/Electrification)

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Carbon costs have become a major driver of European electricity prices and the widening gap with US power markets, accounting for the majority of the increase in recent years, according to analysis published last week.
Carbon costs have become a major driver of European electricity prices and the widening gap with US power markets, accounting for the majority of the increase in recent years, according to analysis published last week.


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