The European Energy Exchange (EEX) and the Polish Ministry of the Environment have concluded an agreement under which EEX, in its capacity as the common EU auction platform, will auction off the Polish share of emission allowances until a national opt-out platform has been established.
In this context, the auction calendar for 2017 was determined in coordination with the Ministry and the European Commission. The first auction is scheduled for 29 March 2017.
In 2017, EEX will carry out 19 auctions of EU allowances (EUA) on behalf of Poland – every second week on Wednesdays. The bidding window on the EEX spot market will be opened from 09:00 to 11:00 (CET) on every auction day. The total volume of allowances to be auctioned in 2017 on behalf of Poland amounts to 85,877,000 EUAs; including 14,986,000 allowances which have not been auctioned off in 2016.
The volume per auction amounts to 4,857,000 EUAs, except for the first and last Polish auction in 2017 as well as the auctions in August.
EEX is the auction platform provider for a total of 27 EU Member States. This includes the common EU platform (CAP2) with 25 participating EU Member States, the Polish auctions using CAP2 on a transitional basis and the German opt-out auction platform. About 90 per cent of all allowances auctioned off in the EU ETS are allocated via EEX.
