On 2 June, the European Commission signed a five-year contract appointing European Energy Exchange (EEX) as the fourth common auction platform for the EU ETS from 2027. In addition to continuing to auction ETS1 allowances, EEX will auction ETS2 allowances for all Member States, the three EEA-EFTA states and the Social Climate Fund (SCF). The Commission has now explicitly confirmed that ETS2 auctions will start in January 2027, one year ahead of the system’s compliance start in 2028.
A weekly cap of what moved EUA prices and a clear view of the week ahead. We set out the drivers, their directional impact, and what matters next.
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