The European Energy Exchange (EEX) has published the revised 2019 calendar as well as the new 2020 calendar for the auctioning of EU emission allowances (EUA) in coordination with the European Commission, the EU Member States and the EEA EFTA states auctioning on the common auction platform (CAP2) as well as with the German and Polish competent authorities.
The 2019 auction calendar has been adjusted for the period from September to December 2019 in accordance with the Auctioning Regulation due to the operation of the Market Stability Reserve (MSR) taking into account the publication of the 2018 total number of allowances in circulation (TNAC) in May 2019.
The total reduction of the auction volumes due to the MSR in the period from September to December 2019 amounts to 117,563,500 allowances (CAP2, Germany and Poland). Apart from the revised auction volumes, all other auction details remain unchanged.
Furthermore, EEX has published the 2020 auction calendar. In 2020, the MSR applies from January to August based on the 2018 total number of allowances in circulation. The volumes from September to December 2020 are preliminary as they will be subject to adjustments following the publication of the 2019 total number of allowances in circulation by 15 May 2020.
EEX will hold EUA auctions in the framework of the common EU auction platform (CAP2) on behalf of 25 EU Member States and the EEA EFTA states. In addition, the auctions will include a volume of 50 million allowances for the Innovation Fund (https://ec.europa.eu/clima/policies/innovation-fund_en). CAP2 auctions are scheduled to take place on Mondays, Tuesdays and Thursdays during the period from 7 January to 14 December 2020.
The weekly EUA auctions for the Federal Republic of Germany will be conducted by EEX in its capacity as the appointed auction platform on Fridays, starting from 10 January until 11 December 2020.
EEX will conduct the EUA auctions on behalf of Poland bi-weekly on Wednesdays during the period from 15 January to 2 December 2020.
The bidding window for all EUA auctions conducted by EEX will be open from 9.00 to 11.00 am CET.
