EU Market: EUAs surge 10% after EDF announces French nuke closures

Published 16:01 on April 16, 2020  /  Last updated at 13:41 on July 13, 2020  /  EMEA, EU ETS  /  No Comments

European carbon prices climbed back above €21 on Thursday, surging nearly 10% on what was seen as speculative buying and short-covering as French utility EDF announced a large cut to its nuclear generation output this year.

European carbon prices climbed back above €21 on Thursday, surging nearly 10% on what was seen as speculative buying and short-covering as French utility EDF announced a large cut to its nuclear generation output this year.

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