Europe: CO2 emission allowances reached 73 euros/t in week 18

According to AleaSoft Energy Forecasting, for CO2 emission allowances futures in the EEX market for the reference contract of December 2024, settlement prices remained above €70/t during the second week of May. On Tuesday, May 7, these futures reached their weekly minimum settlement price, €70.98/t. According to data analyzed at AleaSoft Energy Forecasting, this price was still 3.6% higher than the previous Tuesday.

In contrast, on Thursday, May 9, these futures registered their weekly maximum settlement price, €73.26/t. This price was 1.0% higher than the previous Thursday and the highest since April 17. In the last session of the second week of May, the settlement price was €71.90/t, AleaSoft Energy Forecasting reports.

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