The London Stock Exchange, ICE ECX, ended the CO2 trading session yesterday, June 12, 2019, at 24.74 euros/EUA amid low energy prices and a lack of auctioning on the market.
However, the IETA report published last week about the expectations of EU ETS market participants in relation to carbon price over the next decade shows an increase in the carbon price to an average of 36 euros/EUA between 2021-2030.
In order to have an overview of the situation of CO2 markets in different regions, compared to the EU ETS market, the World Bank presents the figure below. You will notice that the current carbon price in the European Union is much lower than other carbon taxes imposed in jurisdictions, such as Switzerland or the Nordic countries.
Source: ICE ECX, London & The World Bank