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EUA EU Spot Carbon Price Falls Slightly

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The latest EU ETS CAP3 EU auction cleared at €66.71/ton CO2e, down from €67.83/ton CO2e in the previous auction according to EEX.

  • EUA DEC 24 up 0.2% at 68.18 EUR/MT
  • The cover ratio was at 1.36, below the five-year average range for this time of the year and down from 1.41 from the previous auction.
  • The median price was at €66.85/ton CO2e and the mean price at €68.50/ton CO2e.
  • A total of 23 bids were submitted with 22 successful bids.
  • The EU ETS Dec 24 is slightly up this morning with support from natural gas prices, although it has been diverging from TTF prices amid political uncertainties after the first round of the French snap election.

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