Europe: CO2 emission rights futures reached weekly minimum of 54 euros/MWh

According to AleaSoft Forecasting, CO2 emission rights futures in the EEX market the reference contract of December 2024, started the week of February 26 with a settlement price of €53.97/t, the week’s minimum. In the first three sessions of the week, prices increased to reach the weekly maximum settlement price, €57.84/t, on Wednesday, February 28. According to data analyzed at AleaSoft Energy Forecasting, this settlement price was 6.0% higher than the previous Wednesday. But in the last sessions of the week, settlement prices remained below €57/t. On Friday, March 1, the settlement price was €56.37/t, 8.0% higher than the previous Friday, AleaSoft Forecasting reports.