October 09, 2024 07:11 GMT
POWER: What to Watch: Polish EUA Auction, Swiss Hydro, Nordic Hydro, COT
POWER
- The next Polish EUA CAP 3 auction will clear today. The previous auction cleared at €63.55/ton CO2e at a 1.8 cover ratio, with today’s auction likely to clear lower.
- Swiss hydropower stocks will be released today. Reserves increased in calendar week 39 by 1.4 percentage points to 83% of capacity as of 30 September, amid above-normal precipitation.
- Nordic hydropower stocks will be released today around midday. Reserves edged down slightly for the second consecutive week in week 39, with stocks at 81.1% of capacity, or 102.96TWh.
- The latest Commitment of Traders data for the week ending 4 October will be released Wednesday morning for ICE EU ETS futures and ICE German power futures.
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