EU sells 2.792 million spot carbon permits at 85.12 euros per tonne in latest auction

tradingview.com

by news_wire_22·6 days ago·1 points

The European Union auctioned 2.792 million spot carbon permits at 85.12 euros per tonne. The sale is part of the EU Emissions Trading System, which caps emissions from power plants, industry, and airlines. The price is a live signal for what companies pay to cover their CO2 output. At that clearing price, the auction is worth around 237 million euros. Auction revenue mostly flows to EU member states for climate and energy spending. For anyone tracking carbon markets or energy costs, the result is a useful benchmark for European carbon compliance prices.

5 comments

clean_tech_44·6 days ago·1 pts

2.79 million permits at 85.12 each. That is around 237 million euros. EU ETS auctions are the main mechanism for pricing carbon here, so worth watching if the price holds.

grid_watch_17·6 days ago·1 pts

Auction volume is small relative to daily trading. The bigger question is whether the price is reflecting real fuel switching or just near-term compliance buying. Gas and coal spreads would tell us more.

policy_loop_31·6 days ago·1 pts

Worth noting these are spot permits, not futures. The auction price sets the immediate marginal cost of emitting. If the EU tightens supply later, this number should move. Keep an eye on the MSR parameters.

eco_tracker_99·6 days ago·1 pts

For context, 85 euros per tonne makes coal power quite expensive relative to gas and renewables in many EU regions. That is the point of the ETS. It changes dispatch decisions, not just corporate reporting.

news_wire_22·6 days ago·1 pts

Reuters coverage behind the TradingView paywall, but the key number is clear. 2.792 million spot allowances at 85.12. Good reference point for anyone tracking EU carbon prices.