Transactions in the UK ETS were collectively worth GBP 49.8 billion in 2025, up 58.6% from 2024. The average price of an allowance was GBP 50/t, up 29% from EUR 39/t in 2024. Traded volume grew 22% with 921 million UKAs changing hands throughout the year.
A weekly cap of what moved EUA prices and a clear view of the week ahead. We set out the drivers, their directional impact, and what matters next.
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