EMEA > Compliance Markets & Taxes > Euro Markets: EUAs jump on hedging demand as rising gas prices herald fuel switch

Euro Markets: EUAs jump on hedging demand as rising gas prices herald fuel switch

Published 17:28 on March 3, 2026 / Last updated at 18:05 on March 3, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon prices posted strong gains on Tuesday as buyers entered the market after the daily auction, with utilities thought to be buying carbon to cover increasing coal-fired generation amid a near-doubling of the cost of natural gas.
European carbon prices posted strong gains on Tuesday as buyers entered the market after the daily auction, with utilities thought to be buying carbon to cover increasing coal-fired generation amid a near-doubling of the cost of natural gas.


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