EU ETS auctions
EU carbon price in 2025
EU carbon allowances averaged €73.43 per tonne at auction in 2025, +13% on 2024. Prices ranged from €59.76 to €84.60 across 213 auctions.
Average
€73.43
Low
€59.76
High
€84.60
Auction revenue
€43.2bn
Every EU carbon auction in 2025
Highest clearing price: €84.60 on 15 December 2025. Lowest: €59.76 on 7 April 2025.
Monthly averages, 2025
| Month | Average | Low | High | Auctions |
|---|---|---|---|---|
| January 2025 | €75.86 | €70.01 | €81.57 | 17 |
| February 2025 | €75.82 | €69.96 | €81.27 | 18 |
| March 2025 | €68.71 | €66.58 | €71.56 | 19 |
| April 2025 | €64.11 | €59.76 | €68.62 | 18 |
| May 2025 | €70.37 | €66.64 | €72.94 | 15 |
| June 2025 | €72.08 | €68.95 | €75.36 | 18 |
| July 2025 | €70.01 | €68.73 | €72.00 | 20 |
| August 2025 | €70.92 | €69.52 | €72.18 | 19 |
| September 2025 | €75.45 | €73.14 | €77.53 | 20 |
| October 2025 | €77.96 | €74.30 | €79.22 | 21 |
| November 2025 | €80.64 | €79.30 | €82.60 | 18 |
| December 2025 | €82.74 | €81.39 | €84.60 | 10 |
Source: EEX EU ETS primary market auction report 2025. Averages are volume weighted. Aviation allowance auctions are excluded.