As Power Generation Falls, EU Allowances Prove Resilient
August 16, 2023 at 18:46 PM EDT
Declining European Union power generation and reduced industrial sector demand reflect macro challenges this year. EU carbon allowances dropped but ultimately proved resilient despite declining power output and demand this year. Power generation in the EU fell 5.8% between January and July compared to the same period last year. Gas-fired electricity dropped 18% in the [...] The post As Power Generation Falls, EU Allowances Prove Resilient appeared first on ETF Trends .
