Today the European Energy Exchange (EEX) and the ICE Futures Europe (ICE*) have published their 2017 calendars for the auctions of general allowances.
The total quantity of general allowances to be auctioned in 2017 amounts to 947,706,000. Compared to 2016 the auction volume is higher as in 2017 auction volumes are no longer reduced due to back-loading. The indicated amount does not include allowances to be auctioned by the EEA-EFTA States and is comprised as follows:
|562,538,500||EEX||25 Member States||Weekly auctions on Mondays, Tuesdays and Thursdays as from 9 January|
|102,470,500||ICE||United Kingdom||Fortnightly auctions on Wednesdays as from 11 January|
|196,820,000||EEX||Germany||Weekly auctions on Fridays as from 13 January|
|85,877,000||EEX||Poland||to be announced|
All auctions will take place in the mornings. The volumes are based on the estimated amount of general allowances to be auctioned, taking into account general allowances withheld from auctioning pursuant to Article 10c of the ETS Directive but not allocated in previous years and the deductions pursuant to Article 27 of the ETS Directive, as confirmed by the Member States concerned.
The 85,877,000 general allowances to be auctioned for Poland (14,986,000 from 2016 and 70,891,000 from 2017) will be auctioned swiftly after the conclusion of a bilateral agreement between EEX and Poland as was the case previously between EEX as transitional common auction platform and Poland. A calendar including these volumes will be published as soon as the discussions are concluded.
In addition, 34,064,126 general allowances of the EEA-EFTA States for the years 2013 to 2017 are withheld, for which the auctioning is still to start and the modalities for auctioning these allowances are still in discussion.
The 2017 auction calendars for aviation allowances will be determined and published at a later stage after a Commission proposal reviewing the scope of the EU ETS for aviation taking into account the outcome of the 2016 ICAO Assembly, which is foreseen in the Commission work programme for 2017.
The European Commission has closely coordinated the determination of the auction calendars with Member States and the auction platforms.
* The term of appointment of ICE as listed in Annex III of the Auctioning Regulation to auction allowances for the United Kingdom runs until 9 November 2017. As indicated in the calendar, the auction dates and volumes thereafter are indicative and to be confirmed in due time.