Free Trial

EMISSIONS: EU Carbon Spot Permit Price Rises

EMISSIONS

The latest EU ETS CAP3 EU auction cleared at €71.50/ton CO2e, down from €69.85/ton CO2 in the previous auction held on 15 August according to EEX.

  • The cover ratio was at 1.73, below the five-year minimum. 
  • There was a total of 25 bids with 24 successful bidders.
  • The mean price was at €72.16/MWh and the median price at €71.2/MWh.
  • EU ETS Dec24 has been trading sideways this morning but is now pulling higher with small gains in natural gas markets. 
    • EUA DEC 24 up 0.6% at 72.95 EUR/MT

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.