Europe’s chemical industry is struggling with high energy costs and shrinking demand for their products. So far, the sector’s exposure to carbon pricing through EU ETS has been much less of a problem than high energy prices, but going forward, a much higher cost of emissions combined with a sharp drop in EUA supply are set to further aggravate their competitive position.
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.
Veyt specialises in data, analysis, and insights for all significant low-carbon markets and renewable energy.