The European Energy Exchange (EEX) will carry out the third primary market auction for Lithuania on Thursday 15 March 2012. In the framework of the extension agreement between the Lithuanian Ministry of the Environment and EEX of 16 December 2011, a further 850,000 EU emission allowances (EUA) will be auctioned off on the EEX Spot Market.
So far, 1.7 million EUA have been auctioned off on the EEX Spot Market on behalf of the Lithuanian Ministry of the Environment. In addition to these auctions EEX also runs the primary market auctions for Germany (which it has carried out since 2010) and the Netherlands (in 2011 and 2012). Furthermore, EEX was selected as co-operation exchange for the NER300 programme of the European Investment Bank.
Together, EEX and Eurex offer their participants a platform for trading in emission allowances. In the framework of this cooperation, which was launched in December 2007, Eurex participants can trade the derivatives products for emission allowances listed on EEX through their existing infrastructure and a simplified admission process.