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EU ETS CAP 3 Edges Down

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EMISSIONS – The latest EU ETS CAP3 EU auction cleared at €66.63/ton CO2e, slightly down from €66.72/ton CO2e in the previous auction according to EEX.

  • EUA DEC 24 down 2% at 67.84 EUR/MT
  • The cover ratio was at 1.59 compared to 1.44 in the previous session.
  • The median price was at €66.43/MWh compared to €66.64/ton CO2e and the mean price at €67.94/MWh from €67.29/ton CO2e.
  • A total of 25 bids were successful from 24 successful bids on 11 July.
  • EU ETS Dec 24 prices have been edging lower on the day as price falls in TTF have placed downward pressure.

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