EEX publishes revised 2020 Auction Calendar for Emission Allowances - Start of auctioning for the Innovation Fund

03 July 2020 | Trading

 The European Energy Exchange (EEX) has published the revised 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 competent German and Polish authorities.

Furthermore the European Commission has confirmed the start date of the auctioning for the Innovation Fund (IF). Starting from 16 July 2020, EEX will commence to auction additionally 50,000,000 EUAs until the end of 2020 for the Innovation Fund on behalf of the EU member states participating in the CAP2 auction platform.

The 2020 auction calendar has been adjusted for the period from September to December 2020 in accordance with the Auctioning Regulation due to the operation of the Market Stability Reserve (MSR) taking into account the publication of the 2019 total number of allowances in circulation (TNAC) published in May 2020.

The revised auction volumes from September to December 2020 will be as follows (including IF volume):

The total reduction of the auction volumes due to the MSR in the period from September to December 2020 amounts to 98,425,000 EUA (EU CAP2, Germany and Poland).

Source: EEX