The official oversupply number or total number of allowances in circulation (TNAC) is released annually by the European Commission by 1 June. Based on the 2023 verified emissions released last week we estimate the 2024 TNAC to be around 1.1 billion EUAs. T…
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.
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