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The European Energy Exchange (EEX) has published the calendar for the 2019 Polish auctions of EU allowances (EUA) and EU aviation allowances (EUAA) for Poland. The calendar was established in coordination with the the Polish Ministry of the Environment and the European Commission.
Auctioning of EU allowances (EUA)
The EUA auctions on behalf of Poland will be scheduled biweekly on Wednesdays during the period from 16 January to 4 December 2019.
As of 1 January 2019, the Market Stability Reserve (MSR) will start operations, which will lead to reduced auction volumes. For 2019, the MSR applies from January to August based on the figure of the total number of allowances in circulation published by the Commission on 15 May 2018. The volumes from September to December 2019 are preliminary and will be subject to adjustments.
The bidding window for all EUA auctions will be open from 9.00 to 11.00 CET.
Auctioning of EU aviation allowances (EUAA)
On behalf of Poland, EEX will conduct one EUAA auction on Wednesday, 22 May 2019.
The reduced auction volumes of EU allowances due to the Market Stability Reserve do not affect the auction volume of EU aviation allowances.
The bidding window will be open from 1.00 to 3.00 p.m. CET for all EUAA auctions on EEX.
Clearing and settlement of the emission allowances is conducted by European Commodity Clearing (ECC). EEX provides detailed information in the auction calendar at the following link: http://www.eex.com/en/trading/calendar.
The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power, Emission Allowances as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.
