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EMISSIONS: EU Carbon Permit Price Rises

EMISSIONS

The latest EU ETS CAP3 auction cleared higher at €65/ton CO2e, compared with €63.30/ton CO2 in the previous auction according to EEX.

  • The cover ratio was at 1.86, below the five-year average but within the five-year range.
  • There was a total of 22 bids with 13 successful bids.
  • The mean price was at €65.08/t CO2e and the median price was at €64.66/ton CO2e.
  • EU ETS Dec24 has recovered earlier losses to trade higher on the day with CWE power prices and EU natural gas prices. 

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The latest EU ETS CAP3 auction cleared higher at €65/ton CO2e, compared with €63.30/ton CO2 in the previous auction according to EEX.

  • The cover ratio was at 1.86, below the five-year average but within the five-year range.
  • There was a total of 22 bids with 13 successful bids.
  • The mean price was at €65.08/t CO2e and the median price was at €64.66/ton CO2e.
  • EU ETS Dec24 has recovered earlier losses to trade higher on the day with CWE power prices and EU natural gas prices. 

Keep reading...Show less