CO2 emission rights futures in the EEX market for the reference contract of December 2024, reached an average price of €67.43/t in January. According to data analyzed at AleaSoft Energy Forecasting, this represents a decrease of 8.9% compared to the previous month’s average, which was €74.01/t. When compared to the January 2023 average, which was €86.92 €/t, the January 2024 average was 22% lower. The monthly average of CO2 futures for this product accumulates six consecutive months of declines.
Low levels of demand at the start of the 2024 emission rights auctions exerted a downward influence on prices in January.
On January 29, the settlement price was €61.78/t, the lowest since the first half of March 2022.
