EU-ETS emergency reserve price curbs coal use and shields consumers during natural gas price shocks
Zissis E. Marmarelis
Nature Communications, Published online: 25 May 2026; doi:10.1038/s41467-026-73559-2 The study presents a rule-based emergency mechanism in the EU ETS that limits coal switching, reduces electricity price impacts, and enhances policy resilience and credibility during gas price surges.