1,000th Primary Auction Of Emission Allowances At EEX

The European Energy Exchange (EEX) has today successfully conducted its 1,000thprimary auction of emission allowances.

 “EEX has established itself as the central and reliable partner for auctions of emission allowances in Europe”, says Peter Reitz, Chief Executive Officer of EEX. “Furthermore, we have strengthened our position also on the secondary market for emission allowances. In 2015, we have fundamentally revised our offering for this market and, as a result, were able to increase traded volumes by 63 % compared to the previous year.”

Today’s EUA auction on behalf of the 25 Member States comprised a volume of 3,425,000 EUA and was closed at a price of 4.85 €/EUA. In total, 20 bidders took place in the auction.

Primary auctions have been held at EEX since 2010. EEX has been awarded the role as the transitional common auction platform to auction allowances on behalf of the European Commission and 25 Member States. In this capacity, EEX also conducts emissions auctions for Poland. In addition, EEX has been selected as Germany’s permanent auction platform. In these functions, EEX holds regular primary auctions of EU Allowances (EUAs) and EU Aviation Allowances (EUAA). In total, EEX raised revenues of more than 13 billion Euros on behalf of the respective auctioneers for the auctions hosted on its platform.

The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC).