October 15, 2024 09:04 GMT
EMISSIONS: EUA Permit Price Falls to €64.08/ton CO2e
EMISSIONS
The latest EU ETS CAP3 auction cleared lower at €64.08/ton CO2e, down from €65/ton CO2e in the previous auction according to EEX.
- The cover ratio was at 1.49, down from 1.86 in the previous auction, and below the five-year minimum.
- There was a total of 20 bids with 16 successful bids.
- The mean price was at €64.59/t CO2e and the median price was at €64.04/ton CO2e.
- EU ETS Dec24 allowances have been holding onto losses in Tuesday’s session with declines in EU gas prices and forecasts for mild weather, supressing fossil-fuel power demand for heating.
- EUA DEC 24 down 2.5% at 64.32 EUR/MT
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