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What to Watch: EUA EU CAP 3 Auction, Spain Hydro

POWER


  • The next weekly EU EUA CAP3 auction will clear today 11:00am CET. The previous auction on Monday cleared at €64.37/ton CO2e.
  • Weekly Spanish hydropower stocks data will be released today around midday. Spain’s hydropower reserves continued their descent in week 28 to 60.4% of capacity down from 61.8% of capacity the week before amid a rise in demand, according to data from Spain’s Environmental Ministry.

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