Today, the third primary market auction of EU Emission Allowances (EUA) on behalf of the Ministry of the Environment of the Republic of Lithuania took place on the Spot Market of the European Energy Exchange.
The auction volume of 850,000 EUA was sold as planned. The total bidding amount was 4,021,000 EUA. Thus, participants bidded more than 4-fold the determined volume. 5 companies took part in the auction in which the price was determined at EUR 7.80 per EUA.
On behalf of the Lithuanian Ministry of the Environment a total of 2,550,000 EUA was auctioned-off on the EEX Spot Market in three auctions.
Together, EEX and Eurex offer their participants a platform for trading in emission allowances.In the framework of this cooperation, which was launched in December 2007, Eurex participants can trade the derivatives products for emission allowances listed on EEX through their existing infrastructure and a simplified admission process.
