We revise our 2040 price forecast downward as policy changes outweigh higher forecast emissions. Adjustments to the Market Stability Reserve (MSR) and to the Linear Reduction Factor (LRF) ease long-term EU carbon prices. We expect the benchmark EUA contract to to reach EUR 291/t in 2040, down significantly from our December 2025 forecast.
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.
