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POWER: EUA Spot Carbon Price Falls

POWER

The latest EU ETS CAP3 EU auction cleared lower at €71.02/ton CO2e, compared with the previous auction that cleared at €72.40/ton CO2e according to EEX.

  • The cover ratio was at 1.59, below the five-year minimum. 
  • There was a total of 25 bids with 20 successful bidders.
  • The mean price was at €71.23/MWh and the median price at €70.50/MWh.
  • EU ETS Dec24 is trading rangebound today, erasing some of the earlier gains supported by higher natural gas prices. 
  • EUA DEC 24 up 0.2% at 72.25 EUR/MT

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