The German Emissions Trading Authority (DEHSt) at the Federal Environment Agency has extended the mandate of the European Energy Exchange (EEX) as the auction platform for German emission allowances under the EU Emissions Trading System (EU ETS 1) for a further two years. The current contract would have expired at the beginning of January 2027. With the extension, EEX will continue to conduct weekly auctions on behalf of Germany until the end of 2028.
Peter Reitz, CEO of EEX, comments: "The EU Emissions Trading System is a central instrument for climate protection. With this mandate extension, we will continue to make a reliable contribution to its successful implementation and will support emissions trading with the highest standards of transparency, market integrity and efficiency for the next two years."
Since January 2010, EEX has auctioned over 1.8 billion EU ETS emission allowances on behalf of the Federal Republic of Germany in almost 900 auctions, generating revenues of over 45 billion euros. These funds have been almost entirely used to finance national and international climate protection measures. The same applies to the more than 53 billion euros in revenues that Germany has generated via EEX since 2021 from the sale of emission allowances within the national emissions trading system (nEHS).
In addition to the auctions on behalf of Germany and sales within the nEHS, EEX organises auctions of emission allowances on behalf of the European Commission and 25 participating EU member states, Norway, Iceland and Liechtenstein, as well as for Poland and Northern Ireland. Clearing and settlement of the emission allowances are handled by EEX’s clearing house, European Commodity Clearing (ECC). The dates for the auctions and further information are published by EEX on its website.
