EU ETS1, EU ETS2, North American Carbon, GCC
GOs, REGOs, Global Certificates
Asset valuation, Deal flow, Market prices
Biomethane, Transport fuels
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The current price of European emission allowances – EUAs – reflects demand destruction and increased auction volumes in 2024 and 2025. They probably do not factor in sufficiently the soon-to-come sharp tightening of supply. For the years 2027-2030, Veyt forecasts annual shortages in the order of 100 to 190 Mt worth of EUAs. We predict prices to average EUR 67/t in 2024, jump sharply in 2026, then peak at €162/t in 2027, before stabilizing around EUR 150 in 2030.
Current state of the market: Sharp drop in emissions, even sharper price drop One year ago, the EU ETS was in a triumphant mode. With emission allowances (EUAs) having peaked at 100 euros per tonne worth of CO2 in February 2023, they were still trading ar…
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.
Specialising in data, analysis, and insights for all significant low-carbon markets and renewable energy.