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9. October, 2024

EUA price forecast: Carbon to double by 2026

European Carbon
EU ETS Team
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Averaging EUR 66/t so far this year amidst an EUR 52/t low and an EUR 76/high, Veyt foresees a step-change to the cost of emitting, starting from next year. We believe European carbon prices are set for a significant increase over the next three years. Our updated forecast sees prices at EUR 95/t for 2025, reaching EUR 160/t in 2027 and climbing by another EUR 100 by 2035.

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