The European Energy Exchange (EEX) has published the revised 2019 calendar as well as the new 2020 auction 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 EUA (CAP2, Germany and Poland). Apart from the revised auction volumes, all other auction details remain unchanged.
Furthermore, EEX has published the 2020 auction calendar for the auctioning of EU allowances. 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 TNAC figures by 15 May 2020.
EEX will hold EUA auctions in the framework of the common EU auction platform 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. These auctions are scheduled to take place on Mondays, Tuesdays and Thursdays during the period from 7 January to 14 December 2020.
EUA auctions on behalf of Poland will be scheduled biweekly on Wednesdays during the period from 15 January to 2 December 2020.