REPowerEU volumes unchanged until September 2025
The European Commission announced that it would not adjust REPowerEU volumes for 2025 and provided a timeline for decision-making to adjust volumes earliest from September of next year. This aligns with our expectations, however, we believe that many market participants had expected an upward adjustment of volumes for 2025 and therefore consider this announcement bullish for market sentiment.
In a statement from the European Commission confirms REPowerEU will be left as is until September 2025:
"In parallel with the adoption of the Carbon Market Report, the European Commission also communicates on the volumes of allowances auctioned for the REPowerEU plan to help tackle climate change, advance the clean energy transition and address energy povert...
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