Tuesday, June 7, 2011

First Auctions of Emission Allowances On June 15 & 29

The first auction of Emission Allowances will take place on Wednesday 15th June, the Athens Exchange said on Tuesday, while the next one will be realized on Wednesday 29th June.

According to an announcement, “the Athens Exchange in cooperation with the Ministry of Environment, Energy and Climate Change has undertaken the primary auction of the Emission Allowances (EUAs) of the period 2008-2012, within the European Union, in which the Greek Government will offer the annual total, for the year 2011, of 10 million EUAs from its new entrant΄s reserve.
 
The first auction (for one million EUAs) will take place on Wednesday 15th June, whereas the next one will be realized on Wednesday 29th June. The scheduled auctions that will follow until the end of 2011 will take place the last Wednesday of each month, except for the months August and December, while there will also be ad-hoc auctions to be announced in time.
 
The auction of the Emission Allowances will be performed through the OASIS trading system of the Athens Exchange.”

Moreover, the Athens Exchange has designed a webpage, in which participants may find condensed information about the operational:




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