Auction

Austria to annually auction 500,000 EUA 2009-2012 through Climex

Austria will offer for sale by auction 500,000 EU-Allowances (EUAs) annuallyfrom 2009, during the second trading period 2008-2012. The auctioning regulation (Versteigerungsverordnung BGBl II Nr. 17/2009), in which the modalities for the auction are defined was published on 16 January 2009.

The Austrian Federal Ministry of Agriculture, Forestry, Environment and Water Management (BMLFUW) is responsible for the sale of EUAs, which can be used for compliance under the EU Emissions Trading Scheme (EU ETS) during the second trading period. As a result of an EU-wide tendering procedure, Climex & ÖEKV will carry out the auctions which will therefore take place on the Climex trading platform.

During the second emissions trading period (2008 - 2012) the Austrian Government will allocate an average of 30.33 million emission allowances to Austrian installations participating in the EU ETS every year. According to the Austrian allocation plan and the respective ordinance, 2 million EUAs in total in the second trading period - accounting for 1.3% of the total amount - will be auctioned throughout the period.

Further information on the auctions can be found on the website of the BMLFUW. The announcement will also be published on www.co2markt.at and www.climex.com, where related news and further details will be published.

Fifth auction in April 2011
The fifth auction has been scheduled to take place on 11 April 2011. More detailed information in English on the modalities of this auction are available on the Climex Website:
http://www.climex.com/austrian-auctions.aspx