The European Commission today publishes the first reports on the auctioning of emission allowances for the third trading period of the EU ETS.
The three reports cover auctions conducted by European Energy Exchange (EEX):
The auctions during this period marked the start of large-scale auctioning of emissions allowances for phase 3 of the ETS (2013-2020).
The reports show that the auction clearing price was generally in line with the price signal in the secondary market. At the same time, both secondary market and auction clearing prices were affected by regulatory developments and the accelerated build-up of the surplus in allowances in the transition to phase 3.
All Member States are required to submit monthly reports on auctioning for publication on the Commission's website. A single consolidated report is produced on behalf of all Member States participating in the common platform. The report on the auctioning by Intercontinental Exchange Europe (ICE) for the United Kingdom is expected soon.