The Dutch and Austrian allocation auctions will be held in the same format as the auctions during Phase III of the EU ETS starting 2013: single round, sealed bid and a single clearing price. Participation in the auctions for all buyers will be free of charge. What is special for the Dutch Government Auctions is that for successful buyers there are also no transaction fees. It is therefore an excellent opportunity for compliance companies under the EU Emissions Trading Scheme (EU ETS) to become acquainted with such auctions at no further costs.
During Phase II of the EU-ETS (2008 - 2012), the Dutch Government is allocating an annual average of about 80 million emission allowances to installations in the Netherlands participating in the EU ETS. According to the Dutch Allocation Plan and corresponding ordinance a total of 16 million EUAs will be auctioned throughout this period, accounting for 4% of the total number.
The auctions are open to all parties with a Holding Account connected to the CITL. The minimum size of a bid is 500 allowances. For further information about the auction, please contact the Climex Customer Service Desk. Companies interested in participating in the auction need to be a Member of Climex and need to fully collateralise their bids. There are no costs or obligations related to becoming a Member.
The official announcement regarding the auctions can be found on the websites of the Ministry VROM (link). The announcement will also be published at the Climex website (www.climex.com) as well as all related news items and further details.
Well in advance of the first auction, workshops will be organised in order to provide information on rules, processes and the procedures of the auctions. Climex Members can directly participate in the auctions and will automatically receive all information.
