EEX To Auction Additional 4.3 Million Phase II EU Allowances

The European Energy Exchange (EEX) will conduct three additional auctions of Phase II EU allowances (EUA) on its Spot Market in April.

In this context, on 23 April 1,728,500 EUA and on 25 April 1,728,000 EUA will be auCtioned on behalf of Hungary.

In another auction on 24 April 2013, EEX will auction a volume of 833,500 EUA in total on behalf of Luxembourg (4,000 EUA), Romania (637,500 EUA), Denmark (62,000 EUA) and Bulgaria (130,000 EUA).

On all three days mentioned above, market participants will be able to submit bids for the auctions between 1 pm and 3 pm (CET).

EU Member States have the opportunity to sell their emission allowances of the second EU ETS phase until the end of April 2013. So far EEX has auctioned Phase II allowances on behalf of Lithuania, the Netherlands, Hungary, Czech Republic and the Flanders region.