The published calendar for ETS1 allowances reflects the addition of 25 million allowances allocated to the Greek Decarbonisation Fund pursuant to Article 10a(9) of the ETS Directive.
The first published calendar for ETS2 allowances reflects the early auctioning of 2028 volumes in accordance with Article 8(5) of the Auctioning Regulation. Pursuant to Article 13(7) of the Auctioning Regulation, the current auction volume for 2027 includes 140 000 000 allowances allocated to the Social Climate Fund and allowances allocated to Member States that have implemented in their national legislation the obligation of regulated entities to surrender allowances and the penalties for excess emissions.
Several Members States are finalising or have finalised the implementation of the surrender obligation and the penalties in their national legislation after the determination of the current auction volume. Consequently, an adjustment of the 2027 auction volumes will be published later this year, including the volume allocated to additional Member States. Similar adjustments will subsequently take place on a regular basis.
In 2027, auctions of ETS1 and ETS2 allowances by the common auction platform will take place on Mondays, Tuesdays and Thursdays, starting on 7 January and 18 January respectively. Auctions of ETS2 allowances will start at 1pm and end at 3pm. ETS1 allowances will continue to be auctioned in the morning, from 9am to 11am.
The auction volumes are calculated in accordance with the previously published:
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