Overview

EUAs have fallen this week. While there has been some intraday volatility with spikes and sharp drops, the market has fallen from the mid-€71s to being low €70s. While this is not a major drop, the market did drop below the €70 level for the second week in a row, having spent the last months consistently between €70-75.

In a rare disconnect, TTF has had similar intraday graphs as EUAs this week. However, instead of falling off, front-month TTF has been on the rise since dropping sharply in the end of June.