Over the weekend, a presentation prepared for the Climate Change Committee – the body tasked with approving the European Commission’s proposed benchmarks – was leaked.
The presentation reiterated the benchmark update methodology set out in the EU ETS Directive, and highlighted the legal flexibility (or lack thereof) afforded by the central legislation.
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.