Greening of EU power sector has so far had little to do with carbon market -ICIS

Published 18:52 on May 9, 2019  /  Last updated at 18:52 on May 9, 2019  /  EMEA, EU ETS  /  No Comments

EU power sector emission cuts have had little to do with the recent trebling of the bloc's ETS prices and are more because of ever-increasing renewables deployment, ICIS analysts said on Thursday, adding this was likely to change over the next few years as prices push to €40.

EU power sector emission cuts have had little to do with the recent trebling of the bloc’s ETS prices and are more because of ever-increasing renewables deployment, ICIS analysts said on Thursday, adding this was likely to change over the next few years as prices push to €40.

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