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What to Watch: EU EUA CAP 3, Italy Hydro Stocks

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  • The next weekly EU EUA CAP3 auction will clear today 11:00am CET. The last EU ETS CAP3 EU auction cleared at €63.67/ton CO2e, down from €64.37/ton CO2e in the previous auction.
  • Italian weekly hydro stocks data will be published today. Italian hydro reservoirs stood at 3.86TWh at the end of week 28.
  • Austrian utility Verbund and Italy’s Enel will publish Q2 results today.

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