Pursuant to the back-loading decision by the Council of the EU and the European parliament, the regulation (EU) No. 1031/2010 (Auction Regulation) was accordingly amended on 27 February 2014. Against this backdrop, European Energy Exchange (EEX) has now, in close consultation with the European Commission and the participating Member States as well as with the German and Polish authorities in charge, updated the 2014 auction calendar for EU allowances (EUA) of the third trading period.
EU Auction Platform
Starting on 17 March 2014 until the end of the year EEX (on behalf of the 25 participating Member States) will conduct auctions with an amended volume of initially 1,927,500 EUAs per auction on three days per week – on Mondays, Tuesdays and Thursdays, as before.
Auctions for Germany
In its capacity as the auction platform appointed by the Federal Republic of Germany, EEX will conduct auctions until the end of 2014 with a reduced volume of initially 2,352,000 EUAs every Friday, starting on 21 March 2014.
Auctions for Poland
No further emission allowances will be auctioned in the year 2014 on behalf of Poland after 5 March 2014 as the volume to be auctioned following the back-loading decision will already be reached in the auction on that date.
For all EUA auctions on the Spot Market, the bidding window remains from 9.00 to 11.00 a.m. CET.
Detailed information is available in the Auction Calendar published on the EEX website: http://www.eex.com/en/trading/auction-calendar