May 17, 2024 09:04 GMT
German Spot Carbon Permit Price Falls
EMISSIONS
The latest weekly German EUA CAP3 auction cleared today at €69.46/MWh, down from €71.18/t CO2e in the previous auction held on 3 May according to EEX.
- EUA DEC 24 up 1.4% at 71.07 EUR/MT
- The EU ETS Dec 24 contract has been trading higher today amid gains in the wider European energy complex. Gains were extended after the auction results, however remained within today’s range.
- Total volume amounted to 1.769mn tons CO2e, unchanged from the last auction.
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