EMEA > Compliance Markets & Taxes > Euro Markets: EUAs remain locked in narrow range as energy markets pare massive opening gains

Euro Markets: EUAs remain locked in narrow range as energy markets pare massive opening gains

Published 17:32 on March 9, 2026 / Last updated at 18:33 on March 9, 2026 / / EMEA (Compliance Markets & Taxes, Europe)

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European carbon traded in a narrow range even as energy prices opened significantly higher on Monday before drifting lower, after more Middle Eastern energy production was halted amid the continuing Iran conflict, with EUAs caught between the opposing forces of fears of a regulatory watering-down of the EU ETS, and the fundamental pull of increased coal burn in Europe's power fleet.
European carbon traded in a narrow range even as energy prices opened significantly higher on Monday before drifting lower, after more Middle Eastern energy production was halted amid the continuing Iran conflict, with EUAs caught between the opposing forces of fears of a regulatory watering-down of the EU ETS, and the fundamental pull of increased coal burn in Europe's power fleet.


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