EU carbon prices to see “modest” recovery in 2025 -analysts

Published 00:53 on December 12, 2024  /  Last updated at 00:53 on December 12, 2024  /  Carbon Taxes, CBAM, EMEA, EU ETS

EUA prices will see a “modest” recovery in 2025, driven by a series of mildly bullish factors, a European investment bank said Wednesday.

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Electrifying EU industry can reduce emissions by 78% -report

Published 23:01 on December 11, 2024  /  Last updated at 18:07 on December 11, 2024  / /  EMEA, EU ETS

The electrification of European industries would see a huge cut carbon emissions from the sector based on existing technologies, while also improving the bloc’s competitiveness with energy independence and greater efficiency, according to a new report Thursday.

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Euro Markets: EUAs jump to 8-day high ahead of afternoon options expiry before easing back

Published 17:28 on December 11, 2024  /  Last updated at 09:57 on December 12, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices ended Wednesday modestly firmer after they rose sharply ahead of the expiry of the December options contract and fell back afterwards, while weekly positioning data showed investment funds continued to add to their net long positions last week, amassing the biggest bullish bias in 20 months.

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Bank warns that consensus around tight EUA market in 2026 could be blown off course

Published 16:58 on December 11, 2024  /  Last updated at 16:58 on December 11, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS

Consensus there will be sharp tightening in the EU ETS market in 2026 could be shocked when new free allocation numbers are published by the EU Commission, an investment bank has warned.

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FEATURE: EU weighs touchy question of whether to count international carbon credits towards CBAM

Published 15:03 on December 11, 2024  /  Last updated at 11:00 on December 13, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, International

The EU is weighing how its Carbon Border Adjustment Mechanism (CBAM) should treat the international credits included in the carbon pricing schemes of other countries — with climate experts and industry representatives divided on whether these should be deductible from border fees.

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Bullishness temporarily returning to EU carbon market amid allowance, gas supply squeezes -analysts

Published 02:27 on December 11, 2024  /  Last updated at 02:27 on December 11, 2024  /  EMEA, EU ETS

European carbon prices are rising as renewed uncertainty over gas supplies and adverse weather conditions lift demand for allowances, analysts said, predicting that EUAs could climb into the mid-€70s within the next month as new supply flows are briefly halted.

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Cross-party MEP group calls on EU to prioritise ‘Industrial Carbon Management’

Published 17:42 on December 10, 2024  /  Last updated at 17:42 on December 10, 2024  / /  EMEA, EU ETS

A cross-party group of 30 EU Parliament lawmakers has called on the European Commission to prioritise Industrial Carbon Management (ICM) technologies in the coming five-year mandate.

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Turkiye offering €2.8 mln to help it transpose EU ETS Directive into national law

Published 17:21 on December 10, 2024  /  Last updated at 17:21 on December 10, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, Middle East

Turkiye has launched a €2.8-mln tender seeking a contractor to help it transpose the EU ETS Directive into national law and analyse the impact of the bloc’s Carbon Border Adjustment Mechanism (CBAM) on the country.

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Euro Markets: EUAs erase Monday losses amid options hedging volatility, stronger prompt power

Published 17:00 on December 10, 2024  /  Last updated at 17:00 on December 10, 2024  / /  EMEA, EU ETS, UK ETS

European carbon prices erased their losses from Monday, tracking movements in front-month natural gas, a strengthening power market, and fluctuating between two key options strike prices, as the market positioned itself ahead of Wednesday’s options expiry.

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Balancing power generation technologies could save €65 trillion by 2050, cut carbon by 21% -report

Published 11:51 on December 10, 2024  /  Last updated at 11:51 on December 10, 2024  / /  EMEA, EU ETS

The deployment of balancing power generation technologies such as flexible gas-fired plants and energy storage, alongside renewables, could slash cumulative power system costs by €65 trillion and cut carbon emissions by 21% by 2050, according to a new report.

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