In a presentation for the Climate Change Committee (CCC), leaked recently, the European Commission argues that freezing benchmarks at 2021-2025 levels as preferred by Italy and Poland would not be an adequate response, as it would trigger the Cross-Sectoral Correction Factor at a rate of 0.87 (equivalent to a 13% cut to free allocation across the board).
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.
