Second Hungarian Auction clears at EUR 6.29

(PresseBox) (Leipzig, ) Today, the European Energy Exchange (EEX) held the second auction of Phase II EU allowances on behalf of the Hungarian Ministry of National Development.

The volume of 1.25 million EUAs was auctioned off as planned on the EEX Spot Market with an auction clearing price of EUR 6.29 per EUA. The total amount of bids was 2,217,000 EUAs. Thus, participants demanded 1.8 times the auction volume. A number of 8 companies took part in the auction.

At the time of the auction, the price in secondary trading on the EEX Spot Market amounted to EUR 6.36 per EUA.

The total volume which was auctioned off on behalf of Hungary in December amounted to 2.5 million Phase II EUAs.

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