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14. July, 2025

Long-term EUA price forecast: Trade measures impact near-term industrial activity

Veyt
EU ETS Team
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We have adjusted our forecast to factor in the growth impact of the US government’s trade measures. Industrial production will be impacted, in turn reducing industrial demand for electricity. The anticipated cut to demand has led us to cut our 2026 forecast from EUR 128/t to EUR 115/t and our 2027 forecast from EUR 165/t to EUR 158/t.

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