Euro Markets: EUAs drop most in three months as gas prices slide 9.3% after options expiry

Published 17:16 on September 26, 2023  /  Last updated at 19:27 on September 26, 2023  / /  EMEA, EU ETS, UK ETS

European carbon prices dropped by the most in more than three months on Tuesday as weaker gas prices improved the fuel's profitability in power generation and cut implied demand for EUAs, while TTF prices wiped out Monday's gains after the expiry of the September options contract.
European carbon prices dropped by the most in more than three months on Tuesday as weaker gas prices improved the fuel's profitability in power generation and cut implied demand for EUAs, while TTF prices wiped out Monday's gains after the expiry of the September options contract.


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