Page 76 - 2025 HEG Daily Energy Market Report

CARBON (€/T)
MON TUE VAR D-1 VAR W-1 AVG. MAX MIN
16/2 17/2 FROM THE BEGINNING OF THIS YEAR
CO2 EUA DEC 2026 69.18 70.08 0.9 -8.78 84.19 92.24 69.18
CO2 EUA DEC 2027 71.09 72.02 0.93 -8.99 86.56 94.80 71.09
CO2 EUA DEC 2028 73.28 74.23 0.95 -9.21 89.25 97.73 73.28
CO2 EUA DEC 2029 75.83 76.76 0.93 -9.56 92.33 101.04 75.83
UK ETS DEC 26 EUR 53.36 54.00 0.64 -5.63 72.58 84.02 52.20
UK ETS DEC 27 EUR 55.60 56.24 0.64 -5.98 75.71 87.61 54.45
UK ETS DEC 28 EUR 58.20 58.82 0.62 -6.51 79.24 91.46 57.04

European carbon prices rebounded on Tuesday as market participants
reassessed their positions. As a result, the December 2026 contract rose by
1.3% to €70.08 per tonne.

CO2 EUA

EXCHANGE RATES

MON TUE VAR D-1 VAR W-1 AVG. MAX MIN
16/2 17/2 FROM THE BEGINNING OF THIS YEAR
RATE EUR/USD 1.1855 1.1826 -0.0029 -0.0068 1.1771 1.1974 1.1617
RATE EUR/GBP 0.8690 0.8733 0.0043 0.0038 0.8685 0.8744 0.8616
RATE GBP/EUR 1.1507 1.1451 -0.0056 -0.005 1.1514 1.1606 1.1436

The euro fell against the dollar on Tuesday as the US currency remained strong
amid signs of stabilization in the US labor market. As a result, the EUR/USD
pair edged 0.2% lower to 1.1862. Meanwhile, the euro strengthened against the
British pound following weak UK labor market data. Consequently, the
EUR/GBP rate ended at 0.8733, marking a 0.5% increase.