Wednesday, June 23, 2021
Home Climate411 EU Carbon Pricing Pushing Power And Gas Prices Higher

EU Carbon Pricing Pushing Power And Gas Prices Higher

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European gas prices are driven by the competitive dynamics between gas and coal plants. As a result, the 80% surge in carbon EUA prices since Nov-20 is pulling European gas curves higher. European power & Asian LNG prices are following suit, given they are anchored by TTF. (Gas Futures Market).

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