Emissions trading: UBA accepts bid on German auction platform for 2012-2013
EEX Leipzig to auction emission allowances in transition to third trading period
The European Energy Exchange AG (EEX) in Leipzig has won the contract to act as auction platform for emissions trading in Germany. This temporary platform will act as forum for the auction of German emissions allowances (EUA) in the third trading period (2013-2020) through March 2013 or longer. In addition to so-called ‘early auctions’ for the third trading period, the platform will also auction allowances for the aviation industry. A permanent trading platform is to be set up after 2013. The Federal Environment Agency plans to announce another European level tendering procedure before the end of 2012. The current tender was for the set-up of an interim platform on which to auction allowances in 2012 and 2013.