Auction volumes for REPowerEU will not be adjusted in the coming months. Any potential adjustment by the European Commission of REPowerEU volumes hinges on the development of the EUA auction price in the first half of 2025. In a scenario with H1 average auction price close to EUR 80/t, we expect the Commission will take no action. At an average auction price of EUR 75/t, however, volumes are most likely subject to an upward revision from September 2025.
In a note put out on 19 November, the European Commission confirmed there will be no additional volumes added to the auction calendar to support REPowerEU- at least not until September 2025. The REPowerEU target is expressed in terms of value – to sell EUR 20 billi…
Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.
