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."
Christian Fleischer, Key Account Manager Power & Environmental Markets
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. For 2017, the Commission announced that a total amount of 947,706,000 general allowances (EUAs) and 4,730,500 EU aviation allowances (EUAAs) will be auctioned. About 90 percent of all allowances auctioned off in the EU ETS are allocated via EEX.
EEX has been awarded the role as the common auction platform to auction allowances on behalf of 25 EU 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 opt-out auction platform.
In these functions, EEX holds regular auctions of EU general allowances (EUAs) and EU aviation allowances (EUAAs) on its spot market.
At a glance
Auctioned product – EU allowances (EUAs) | |||||
Contract | Delivery day | Contract size | Minimum lot size | Tick size | Fulfilment |
EUAs | 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 | 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 Member States participating in the common auction platform | · Auctions for 25 EU Member States |
| On behalf of the Federal Republic of Germany | · Represent ~19 % of overall auction volume |
| On behalf of Poland | · Represent ~12 % of overall auction volume |
| Pending for EEA/EFTA countries | Norway, Iceland, Liechtenstein |
Fees Primary Market
Combined trading and clearing fee, in €/1,000 allowances (1,000 allowances = 2 lot)*
EU auctions | € 2.78 |
German, Polish auctions | € 3.00 |
* The Auctioning Regulation refers to 500 allowances/lot with combined trading and clearing fees of 1.39 €/lot for EU auctions and 1.50 €/lot for German and Polish auctions.
Price List:
Auction Report 2017
The Emission Spot Primary Market Auction Report provides detailed information on prices, volumes and participating countries of the auctions.
Auction Calendar 2017
| 07/09/2017 | EEX Auction Calendar 2017 (3.6 MB) | |
| 07/09/2017 | EEX Auction Calendar 2017 (251 KB) | XLSX |
| 08/08/2017 | Auction Calendar - Annex 1, Adjustments to the Auction Calendar 2017 (262 KB) | |
| 07/09/2017 | EUA Primary Auction Calendar History 2017 (4.7 MB) | ZIP |
Guidance for Bidders
| 14/12/2015 | Brochure "Guidance for Bidders" (0.8 MB) |
© 2017 European Energy Exchange AG
