Emissions Auctions

EEX has established itself as the leading auction platform for emission allowances in the EU ETS. We will also expand our secondary market offer with further monthly and quarterly maturities to meet market demand.

Viviana Ciancibello, Senior Expert Emissions

Auctioning is the basic principle of allocating allowances within the EU emissions trading system (EU ETS). This means that businesses have to buy an increasing proportion of allowances through auctions. In 2013, over 40 percent of all allowances were already auctioned and this is set to increase gradually in the coming years.

EEX has been awarded the role as the transitional common auction platform to auction allowances on behalf of 24 Member States. In this capacity, EEX also conducts emissions auctions for Poland during a transitional period. In addition, EEX has been selected as Germany’s permanent auction platform.

In these functions, EEX holds regular auctions of EU allowances (EUAs) on its spot market. Auctions for aviation allowances for all platforms are currently put on hold.

At a glance

Auctioned product – EU allowances (EUAs)

Contract

Delivery day

Contract size

Minimum lot size

Tick size

Fulfilment

EUAs valid for compliance in the 3rd trading period of the EU ETS (2013-2020)

t+1

1 EUA

500 EUAs (= 500 t CO2eq)

EUR 0.01 per allowance

Delivery versus payment

Auctioned product – EU aviation allowances (EUAAs)

Contract

Delivery day

Contract size

Minimum lot size

Tick size

Fulfilment

EUAAs valid for compliance in the 3rd trading period of the EU ETS (2013-2020)

t+1

1 EUAA

500 EUAAs (= 500 t CO2eq)

EUR 0.01 per allowance

Delivery versus payment

Emissions Auctions at EEX

On behalf of the European Commission

· Auctions for 26 EU Member States plus EEA/EFTA countries (Norway, Iceland, Liechtenstein)
· Represent ~58 % of overall auction volume
· Weekly auctions on Monday, Tuesday, Thursday, 11 am CET

On behalf of the Federal Republic of Germany

· Represent ~19 % of overall auction volume
· Weekly auctions on Fridays, 11 am CET

On behalf of Poland

· Represent ~12 % of overall auction volume
· Auctions on Wednesdays, 11 am CET

Further Information

> Report on Auction Results 2014

29/07/2014 EEX Auction Calendar 2014 (0.6 MB) PDF
30/07/2014 EEX Auction Calendar 2014 (255 KB) XLSX
29/07/2014 Auction Calendar - Annex 1, Adjustments to the Auction Calendar (English) (175 KB) PDF
13/09/2013 Brochure "Guidance for Bidders" (1.2 MB) PDF
14/01/2014 Eligibility Form Phase 3 Auctions (English) (61 KB) PDF
13/09/2013 Information Letter on Eligibility for Phase 3 Auctions (English) (44 KB) PDF
14/01/2014 Eligibility Form Phase 3 Auctions (German) (65 KB) PDF
13/09/2013 Information Letter on Eligibility for Phase 3 Auctions (German) (42 KB) PDF

 

Emissions Auction History

All Emissions Auctions Reports can be downloaded in the section Market Data > Emission Allowances > Auction Market > European Emission Allowances (EUA) > Information and Download

All auction calendars can be downloaded at Trading > Calendar.