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What to Watch: EU EUA Auction, Spanish Hydro

POWER


  • The next weekly EU EUA CAP3 auction will clear today 11:00am CET. The last auction resulted at an achieved price €70/ton CO2e at a 1.62 cover ratio on 8 July.
  • Spanish weekly hydropower stocks will be published today. Spanish hydropower reserves last week declined for the fifth consecutive week to 62.7% of capacity, down from 63.7% the week before according to data from Spain’s Environmental Ministry.

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