Press release: EEX and Belektron facilitate access to EUA and EUAA auctions

The European Energy Exchange (EEX) and the independent carbon trading company Belektron have signed a cooperation agreement to further facilitate access to the primary market auctions at EEX. The cooperation aims at opening the emissions auctions to a wider customer base, in particular, for smaller and medium-sized companies (SMEs).
Belektron will act as an intermediary who is admitted at EEX to enter bids into the auction system on behalf of its clients. The arrangements for bidding in the auctions via Belektron have been jointly developed by Belektron and EEX. In particular, Belektron guarantees to offer its services equally to all companies, independent from their size or the amount of bids.
Dr. Tobias Paulun, Chief Strategy Officer of EEX, explains: “Belektron has been a reliable partner for EEX for several years. We are pleased to strengthen our cooperation in the future with the joint aim to increase transparency in the market and to ensure equal treatment of all clients.”
Boštjan Bandelj, Director Belektron, adds: “We see an increasing demand, especially from SMEs, to gain access to the EEX primary market auctions. In this context, Belektron has positioned itself as a bridge between EU ETS compliance companies and liquid carbon markets.”
In general, interested parties can access the auctions directly, for instance as an EEX “auction-only member” or indirectly via intermediaries as Belektron that are admitted to bid on behalf of client in the auctions.

The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic and Power Exchange Central Europe (PXE) are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). More information: www.eex.com

Find more at: https://www.eex.com/en/products/environmental-markets/emissions-auctions/emission-intermediaries

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