Dear Sir or Madam,
The Berlin-based think tank Agora Energiewende has determined that the average German electricity price on the stock exchange could fall by up to 23 percent by 2030 if the federal government sticks to its planned expansion path for renewable energies.
Agora estimates that this would mean a reduction of 20 euros per megawatt hour for industry and consumers, provided that the expansion of wind and solar energy continues as stipulated in the Renewable Energy Sources Act (EEG).
Accordingly, in addition to this relief, there would be scope for a climate allowance to ease the burden on households affected by CO2 pricing. This is also supported by former German Chancellor Angela Merkel, as she recently stated in an interview with the Osnabrücker Zeitung. Otherwise, it would be difficult to achieve acceptance of CO2 pricing in the EU ETS 2.
On Sunday night, the US entered the war between Israel and Iran and destroyed three underground nuclear enrichment facilities in a military operation.
Prices for fossil fuels rose significantly in some cases last week, and the volatile situation in the Middle East will continue to influence the markets this week.
Last week, however, the price of European emission allowances decoupled from the development of fossil fuels and ended the trading week down 3.9% on a weekly closing basis.
This week, a total of 13,416,000 EUAs from the EU, Poland and Germany quotas will be auctioned on the EEX on all five trading days. This represents an increase of 18.3% compared to the previous week.
| Instrument | 13/06/25 | 20/06/25 | Change |
| EUA (December-25-Future) | 75.94 EUR | 72.97 EUR | -2.97 EUR |
| EUA 2 (December-28-Future) | 84.46 EUR | 81.40 EUR | -3.06 EUR |
| nEZ (national Emission Allowances (D)) | 55.00 EUR | 55.00 EUR | +0.00 EUR |
| UKA (December-25-Future (UK)) | 54.56 GBP | 51.00 GBP | -3.56 GBP |
| UK Natural Gas (December-25-Future) | 102.78 GBP | 111.89 GBP | +9.11 GBP |
| ICE Brent Crude Oil (December-25-Future) | 70.22 USD | 72.27 USD | +2.05 USD |
| EURO (Forex) | 1.1551 USD | 1.1523 USD | -0.0028 USD |
(EUA, EUA 2, UKA, Natural Gas, Crude Oil and Euro Currency shows day-end-exchange quotes of the benchmark contract. This market information has just an informational character and are no advice or offer to trade emission allowances or their futures and options. If you want to unsubscribe, please reply to this mail.)
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With kind regards,
Your Advantag – Team