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EMISSIONS: EU Spot Carbon Price Edges Higher

EMISSIONS

The latest EU ETS CAP3 EU auction cleared slightly higher at €65.83/ton CO2e, up from €65.75/ton CO2e in the previous auction according to EEX.

  • The cover ratio was at 1.61, below the five-year minimum.
  • There was a total of 25 bids with 19 successful bids.
  • The mean price was €66.36/t CO2e, with the median value at €65.59/t CO2e.
  • EU ETS Dec24 has been struggling to find a clear direction today despite support from cooler weather and gains in natural gas prices.
    • EUA DEC 24 down 0.1% at 66.46 EUR/MT

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