„EEX has been active as an auctioning and trading platform at a European level for many years. We are very pleased on the news that EEX has been awarded this contract for the national ETS. This gives us the opportunity to support climate protection with our considerable experience and expertise in further sectors in which Germany is a pioneer.“
Peter Reitz, Chief Executive Officer of EEX
On 15th March 2021, European Energy Exchange AG (EEX) was awarded the contract for the sale of fuel emission allowances in the national Emissions Trading Scheme (nETS) by the German Federal Environment Agency. Fuel emissions trading has been in force in Germany since 1st January 2021. The instrument will set a CO2 price for the heat and transport sectors at a national level for the first time, as previously this has not been covered by the European Emissions Trading Scheme (EU ETS).
All CO2-emitting fuels placed on the market, in particular petrol, diesel, heating oil, liquefied petroleum gas, natural gas and coal, are included in the nETS. The obligated parties under the nETS are those who place fuels on the market, for example natural gas suppliers or companies in the mineral oil industry.