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What to Watch: EUA EU Auction, Italian Hydro, Jao CBC Auctions

POWER
  • The EU Primary Auction CAP 3 will clear today 11:00 CET. The last auction resulted at an auction price of €71.80/ton CO2e at a cover ratio of 1.51 on 21 May.
  • Jao will release June CBC power auction results for the Belgian-French, Belgian-German, Belgian-Dutch, Dutch-German and French-Spanish borders today.
  • Weekly Italian hydropower inventory data will be released today. Stocks last week increased for the second consecutive week to 2.16TWh.

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