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Amendment of the Auctioning Rules in response to the ETS revision / Fit For 55
Commission Delegated Regulation (EU) 2023/2830 of 17 October 2023 supplementing Directive 2003/87/EC of the European Parliament and of the Council by laying down rules on the timing, administration and other aspects of auctioning of greenhouse gas emission allowances
In the framework of the 'Fit for 55' package, the EU ETS Directive has been revised with the EU target set out in the European Climate Law to reduce net GHG emissions by 55% by 2030. Following the revision of the EU ETS Directive, this amendment of the Auctioning Regulation will update the aspects related to timing, administration and other aspects of auctions of emission allowances.