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15. January, 2026

2025 UK ETS Year in Review: Promise of EU linkage drives up prices and volumes

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.

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