Solar set to gain from higher EU carbon prices
EU carbon prices have outperformed expectations in recent months. And the bull run looks set to continue next year, which would be a boost for renewables, including solar.
Prices for EU carbon allowances have held up relatively well, despite the bleak economic situation and sharp fall in energy prices. If carbon prices continue to climb in the foreseeable future, which many believe they will, then closures of coal-fired plants and even older gas-fired plants may accelerate faster than previously anticipated. This would be …
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