The European Energy Exchange (EEX) has published the 2022 calendars for the auctions of EU Aviation Allowances (EUAA) for the EU Member States as well as for the auctioning of EU Emission Allowances (EUA) for the UK in respect of generation of electricity in Northern Ireland for the single wholesale electricity market in Ireland and Northern Ireland. This has been coordinated with the European Commission, the EU Member States and the EEA EFTA states participating in the common auction platform (CAP3) as well as with the competent authorities of Germany and Poland, as well as with UK authorities.
Auctions of EU Aviation Allowances (EUAA)
In its capacity as the common auction platform appointed by 25 Member States and the EEA EFTA states, EEX will conduct five auctions of EU Aviation Allowances (EUAA) in 2022. The auctions will take place in a bi-monthly rhythm, starting from 9 February 2022:
9 February 2022: 600,000 EUAA
6 April 2022: 600,000 EUAA
15 June 2022: 600,000 EUAA
7 September 2022: 600,000 EUAA
16 November 2022: 602,000 EUAA
German and Polish EUAA auction
EEX will conduct one EUAA auction on behalf of Germany on Wednesday, 19 October 2022, with a volume of 586,500 EUAAs.
On behalf of Poland, EEX will also conduct one EUAA auction on Wednesday, 18 May 2022, with a volume of 109,500 EUAAs.
The bidding window for all EUAA auctions on EEX will be open from 09:00 to 11:00 am CET.
Auctions of EU emission allowances (EUA) by the UK in respect of generation of electricity in Northern Ireland for the single wholesale electricity market in Ireland and Northern Ireland:
Due to the Brexit in 2021, the UK is no longer part of the EU. However, pursuant to the Protocol of Ireland and Northern Ireland, the EU ETS applies to generation of electricity in Northern Ireland.
Therefore, EEX will auction a small volume of allowances on behalf of the UK corresponding to its share in the Union-wide cap.
The EUA for Northern Ireland will auctioned during the following times:
23 February 2022: 1,108,500 EUA (volume of 2021)
21 September 2022: 1,246,000 EUA (volume of 2022)
The 2022 volumes may change as a result of the operation of the Market Stability Reserve (MSR) for the period of September to December 2022.
The bidding window for all EUA auctions on EEX will be open from 9:00 to 11:00 am CET.
Clearing and settlement of all emission allowances is conducted by the European Commodity Clearing (ECC). EEX provides detailed information on both 2022 EUAA auctions and NIR EUA auctions in the updated auction calendar at the following link: https://www.eex.com/en/markets/tradingressources/calendar
The European Energy Exchange (EEX) is the leading energy exchange which builds secure, successful and sustainable commodity markets worldwide – together with its customers. As part of EEX Group, a group of companies serving international commodity markets, it offers contracts on Power, Natural Gas and Emission Allowances as well as Freight and Agricultural Products. EEX also provides registry services as well as auctions for Guarantees of Origin, on behalf of the French State.
More information: www.eex.com