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The last primary market auction of EU allowances (EUA) for the second trading phase took place today on the European Energy Exchange (EEX) Spot Market.
The auctions of emission allowances for the second trading phase began in January 2010. From 2010 to 2012, 10 percent of the volumes issued by Germany were auctioned on the EEX Spot and Derivatives Market in a total of 270 auctions (130,506,000 EUA in total).
In addition, a variety of other countries used the option of auctioning emission allowances,and frequently selected EEX as a service provider for this, in the context of international tendering procedures. In total, the 21 auctions generated a volume of 31,972,000 EUA of the second trading phase for the Netherlands, the Czech Republic, Lithuania, Hungary, the region of Flanders and Bulgaria, Denmark, Luxembourg and Romania.
The EU Member States had the opportunity to auction off emission allowances for the second trading period up until the end of April. In 2013, this comprised the monetisation of leftover allowances from the national New Entrants Reserves. From today, only auctions of emission allowances for the third trading period will be carried out. Secondary trading in emission allowances for the second trading period will still be possible on EEX until the end of June 2013.
Together, European Energy Exchange (EEX) and Eurex Exchange offer their participants a platform for trading in CO2 emission allowances. In the framework of the cooperation,which was launched in December 2007, Eurex participants can trade the CO2 products listed on EEX through their existing infrastructure.
