Published date: 2 September 2021

Awarded contract - This means that the contract has been awarded to a supplier.


Closing: 15 June 2021, 5pm

Contract summary

Industry

  • Electronic auction services - 79342410

Location of contract

United Kingdom

Value of contract

£48,000

Procurement reference

5244/07/2021

Published date

2 September 2021

Closing date

15 June 2021

Closing time

5pm

Contract start date

30 July 2021

Contract end date

9 December 2025

Contract type

Service contract

Procedure type

Single tender action (below threshold)

A direct contract with a single supplier, without competition.

This procedure can be used for procurements below the relevant contract value threshold.

Contract is suitable for SMEs?

No

Contract is suitable for VCSEs?

No

Description

The UK, as part of its withdrawal from the EU, has set up the UK Emissions Trading Scheme (ETS), which operates separately from the EU Emissions Trading System, and the majority of UK-based installations have transitioned into operating under this new scheme. However, relevant power generators in Northern Ireland will remain in the EU ETS under the terms of the Withdrawal Agreement and the Northern Ireland Protocol; as such, recognising the emissions of those generators, the UK is entitled to an allocation of allowances for auction under the EU ETS (approximately 1 million allowances per year). 



EEX was appointed by the European Commission to conduct auctions for EU ETS allowances. Under the terms of their contract and the Auctioning Regulations, EEX are required to allow states to use the arrangement without becoming a party to the contract. EEX shall offer the same terms and conditions applicable under the EU Contract to the opt-out member states "unless derogations are necessary for taking into account the specificities of the auctioning for those States".

More information

Attachments

Award information

Awarded date

16 July 2021

Contract start date

30 July 2021

Contract end date

9 December 2025

Total value of contract

£48,000

This contract was awarded to 1 supplier.

European Energy Exchange AG ("EEX")

Address

Augustusplatz 9

DE-04109 Leipzig

Germany

Reference

No reference - other

Value of contract

£48,000

Supplier is SME?

No

Supplier is VCSE?

No

Additional details

As part of this contract, the clearing services are provided by European Commodity Clearing AG ("ECC").

About the buyer

Contact name

Seamus Gallagher

Address

1 Victoria Street
London
SW1H0ET
England

Email

seamus.gallagher2@beis.gov.uk