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What to Watch: EU EUA Auction, Spanish Hydro Stocks

POWER


  • The next EU EUA CAP 3 auction will clear today 11:00 CET. The last auction on Monday cleared at €71.15/ton CO2e and a 1.38 cover ratio.
  • Spanish hydropower stocks data for week 32 will be published today. Spain’s hydropower reserves continued to decline to 55.4% of capacity as of the end of calendar week 31, down from 57.2% the week prior.

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