Following consultation with the European Commission and the participating Member States, the European Energy Exchange (EEX) has determined the 2014 auction calendar for EU Aviation Allowances (EUAA).
In the framework of the transitional common auction platform (EU), EEX will conduct four EUAA auctions on the Spot Market. The total auction volume amounts to 6,570,500 EUAAs. The auctions will take place every four weeks on Wednesdays only, on the following dates:
- Wednesday, 3 September 2014
- Wednesday, 1 October 2014
- Wednesday, 29 October 2014
- Wednesday, 26 November 2014
For all auctions, EEX will open the bidding window from 9.00 to 11.00 a.m. CET. More detailed information can be found in the Auction Calendar at EEX website under the following link:
http://www.eex.com/en/trading/calendar
If necessary, EEX will provide information on any adjustments to the 2014 EUAA Auction Calendar at the earliest opportunity, at least two weeks in advance of any changes taking effect.
Furthermore, as of 3 September 2014, EEX will expand its product range on the emis- sions secondary market with a spot contract on EU Aviation Allowances of the third trading period, enabling participants to trade auctioned EUAAs on the spot secondary market.
In 2014, 115 primary market auctions have been conducted on the EEX Spot Market so far with a total volume of 322 million emission allowances sold to the market. Additionally, EEX has seen good volume development on its Secondary Spot Market. In the first half of 2014, the volume amounted to 18.3 million emission allowances, nearly 3-times the volume in the same period of the previous year (Jan-Jun 2013: 6.9 million emission allowances).
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and related products on which power, natural gas, CO2 emission allowances, coal and guarantees of origin are traded. In the context of its majority shareholding in Cleartrade Exchange (CLTX), EEX additionally offers the markets for freight, iron ore, fuel oil and fertilizer. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing AG (ECC). EEX is a member of Eurex Group.