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Euro Markets: EUAs claw back early UKA auction-related losses to end day unchanged

Published 17:14 on August 10, 2022  /  Last updated at 17:41 on August 10, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices ended the day largely unchanged after a sell-off ahead of the fortnightly UK allowance auction was recovered amid steady buying interest later on, while energy prices rose as tensions in Ukraine mounted after attacks on Russian forces in Crimea.

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CEZ lags on hedging as coal burn covers output shortfall

Published 20:46 on August 9, 2022  /  Last updated at 20:46 on August 9, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

Czech utility CEZ reported a lagged hedged position for H1 on Tuesday despite increased coal-fired output and bumper earnings, giving a bullish signal for EUAs for the rest of the year.

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Euro Markets: EUAs hit four-week high as traders focus on technical signals amid declining volume

Published 17:22 on August 9, 2022  /  Last updated at 17:37 on August 9, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs rose to a four-week high on Tuesday, with traders focusing on technical signals even as trading activity continued to diminish as the holiday period reached its peak, while energy markets edged lower despite warnings of higher temperatures.

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EU countries face tough trade-offs as they grapple with gas-curbing plans

Published 19:50 on August 8, 2022  /  Last updated at 19:50 on August 8, 2022  /  Carbon Taxes, EMEA, EU ETS  /  No Comments

EU countries are getting to grips with generating energy savings in time for winter while ensuring their industries and end-consumers aren’t hit too hard, after the Council rubberstamped gas-cutting plans last week.

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Euro Markets: EUAs post small loss, price seen uncontested as holiday season hits peak

Published 17:18 on August 8, 2022  /  Last updated at 17:55 on August 8, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs opened the week on a quiet note on Monday, with prices drifting slightly lower from Friday’s settlement as volume and price volatility fell near to year-to-date lows, while energy markets were mixed as traders braced for another week of high temperatures across the region.

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EU energy ministers rubberstamp gas-cutting measures, but opt-outs remain

Published 20:08 on August 5, 2022  /  Last updated at 20:08 on August 5, 2022  /  EMEA, EU ETS  /  No Comments

The European Council agreed on Friday to officially adopt a regulation mandating a voluntary reduction of gas consumption by 15% by Mar. 2023, including the possibility to back a so-called ‘Union alert’ where the target would become mandatory.

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Euro Markets: EUAs post 7.9% weekly gain despite weak auction and poor liquidity

Published 17:21 on August 5, 2022  /  Last updated at 21:36 on August 5, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs capped a positive week with a further modest increase on Friday to record a 7.9% weekly gain, despite a weak German sale and thin liquidity, as the annual August auction supply cut continued to boost the market, with stable downward movements on gas and power markets also keeping some support for carbon.

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UPDATE – Xpansiv to buy Evolution Markets to create carbon powerhouse

Published 17:52 on August 4, 2022  /  Last updated at 22:09 on August 4, 2022  /  Africa, Americas, Asia Pacific, Australia, Aviation/CORSIA, Canada, China, EMEA, EU ETS, Japan, Mexico, Middle East, Nature-based, New Zealand, Switzerland, UK ETS, US, Voluntary Market  /  No Comments

A powerhouse is being created in the global carbon markets with Xpansiv, a major platform for environmental markets, announcing Thursday it is acquiring Evolution Markets, one of the world’s largest emissions brokerages.

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Euro Markets: EUAs rise for a fourth day but meet resistance after auction disappoints

Published 17:10 on August 4, 2022  /  Last updated at 17:26 on August 4, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUAs edged higher on Thursday after robust gains early in the session encountered resistance before a weak auction result dragged prices back from a 12-day high, as energy markets advanced after shaking off news that a major US Gulf LNG export terminal would restart faster than expected after repairs are completed.

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Euro Markets: EUAs reach two-week high as sellers hold back despite heavy fund liquidations

Published 17:16 on August 3, 2022  /  Last updated at 17:22 on August 3, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

EUA prices forged higher for a third consecutive day, reaching their highest in two weeks as the annual August auction supply cut continued to drive the market even as investment funds cut long positions, while energy prices reversed early gains as gas inventories appeared to improve and demand has declined.

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