In Friday’s market, the market price of carbon allowancesfell by 8.9 percent to close at 5.11 euros per tonne.
Due to the fact that minimum reserve price had not beenreached, the auction could not be executed at the regular time.
Low prices stopped carbon auction
The European Energy Exchange (EEX) said it had to cancel Friday’s auction of European Union CO2 emission allowances for the state of Germany because it would have cleared below the price of the secondary carbon-market.
