Article 1 — Subject Matter
This Regulation provides for rules on the timing, administration and other aspects of the auctioning of allowances under Directive 2003/87/EC.
EU carbon rules / Regulations / ETS Auctioning Regulation
In force Delegated regulation Carbon pricing & border adjustment
ETS Auctioning Regulation
Replaces 1031/2010; sets the allowance auction platform, calendar and procedures
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Who the regulation applies to
This regulation applies to:
- Member States: auction general allowances in proportion to their historical emissions (up to 57% of general allowances are auctioned in 2021–2030; of these, 90% are distributed according to historical emissions and 10% to 16 less wealthy Member States for solidarity)
- Auction platform and organisers: 25 Member States and Iceland, Liechtenstein and Norway auction through a common platform (EEX); Germany, Poland and others organise their own auctions
- Eligible bidders: EU ETS installation operators (including aircraft operators) and their parent/subsidiary/affiliated undertakings, small emitters, investment firms, credit institutions, etc.
- All allowances allocated by auction (including aviation allowances; from 2026 most aviation allowances are auctioned)
The following provisions define its scope:
Article 2 — Scope
This Regulation shall apply to the allocation through auctions of allowances under Directive 2003/87/EC.
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What the regulation requires
| Duty | Trigger | Evidence | Timing |
|---|---|---|---|
| Participate in allowance auctions through the common auction platform Allowances are auctioned on the common auction platform (EEX); participants must hold the required eligibility and an account. | Obligated entities or intermediaries needing to buy allowances on the secondary market | Auction participant eligibility, auction account | On a continuing basis according to the auction calendar |
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Key provisions
Article 1 — subject matter
This Regulation provides for rules on the timing, administration and other aspects of the auctioning of allowances under Directive 2003/87/EC.
Article 3(1) — two-day spot contracts
‘two-day spot contracts’ means contracts by which allowances are auctioned for delivery at an agreed date no later than the second trading day following the day of the auction;
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Related regulations
- EU ETS Directive Directive 2003/87/EC In force
- ETS Revision (Fit for 55) Directive (EU) 2023/959 In force
- ETS Transitional Rules for Free Allocation Delegated Reg (EU) 2019/331 (as amended by 2024/873) In force
- CBAM Regulation Regulation (EU) 2023/956 In force
- CBAM Simplification Amendment Regulation (EU) 2025/2083 In force
- CBAM Transitional Period Reporting Implementing Rules Implementing Reg (EU) 2023/1773 (as amended by 2024/2403) In force
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