European Energy Exchange appointed EU ETS common auction platform from 2027

Key highlights
  • The European Commission signed a five‑year contract on 2 June with EEX and ECC for the fourth EU ETS common auction platform.
  • Auctions on the new platform will start in 2027; EEX will continue auctioning ETS1 allowances for 25 Member States (excluding Germany and Poland), three EEA‑EFTA states, and three EU funds.
  • EEX will auction ETS2 allowances for buildings, road transport and additional sectors for all Member States, the three EEA‑EFTA states, and the Social Climate Fund.
  • ETS2 operations will start in 2028, but auctioning of ETS2 allowances will begin in January 2027; current EEX ETS1 auctioning continues through 14 December 2026.

Appointment

On 2 June the European Commission signed a five‑year contract with European Energy Exchange AG (EEX) and European Commodity Clearing AG (ECC) for the fourth common auction platform under the EU Emissions Trading System (EU ETS). EEX was appointed following a joint procurement by the Commission, the 27 EU Member States and the three EEA‑EFTA states (Iceland, Liechtenstein and Norway).

Scope

From 2027 EEX will auction ETS1 allowances for 25 of the 27 Member States participating in the joint action (all Member States except Germany and Poland), for the three EEA‑EFTA states, and for the Innovation Fund, the Modernisation Fund and the ETS Greek Decarbonisation Fund. EEX will also auction ETS2 allowances for buildings, road transport and additional sectors for all Member States, the three EEA‑EFTA states and the Social Climate Fund.

Timing and transition

Auctions on the new common auction platform will start in 2027. Auctioning of ETS2 allowances will start in January 2027 while ETS2 operations will commence in 2028. As the current common auction platform, EEX will continue auctioning ETS1 allowances for the participating States and the funds until and including 14 December 2026. Information on the publication of 2027 auction calendars and the start of 2027 auctions will follow.

Source: European Commission

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