EU ETS: "A decrease of approximately 52M" allowances in the 2026 auctions revised calendar (EEX)

"The revised EU Union Allowance (EUA) auction calendar for the year 2026 has been published, after adjustments related to the phase-in of maritime transport emissions in the EU ETS", announced the European Energy Exchange on 11/12/2025.

For the year 2024, "shipping companies have been required to surrender allowance for 40% of their verified emissions". Then :
• "The difference between verified emissions and surrendered allowances had to be cancelled from auctioning", according to the ETS Directive.
• The auction volume has been increased to take into account the coverage of non-CO₂ GHG emissions from maritime transport (CH₄ and N₂O).

As a result, "the overall impact on the 2026 auction volume is a decrease of approximately 52 million" allowances, compared with the 2026 calendar published in July 2025.

In parallel of the Poland and Germany national ETS markets (as these two countries had decided to opt-out from the EU ETS), "the UK will auction a small volume of allowances corresponding to its share in the Union-wide cap, the EU ETS applying to electricity generation in Northern…