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EMISSIONS: EUA Spot Carbon Price Falls to €68.56/ton CO2e

EMISSIONS

The latest EU ETS CAP3 EU auction cleared lower at €68.56/ton CO2e, down from the previous auction at €69.30/ton CO2e according to EEX.

  • The cover ratio was at 1.52, below the five-year minimum.
  • There was a total of 27 bids with 21 successful bids.
  • The mean price was €69/t CO2e, with the median value at €68.39/t CO2e.
  • EU ETS Dec24 has extended losses throughout the morning amid sharp declines in natural gas markets.
    • EUA DEC 24 down 1.5% at 69.35 EUR/MT

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