Article 61U.K.Announcement and notification of the auction results
[F11. An auction platform shall announce the results of each auction it conducts including at least the following information:
(a) the volume of the allowances auctioned;
(b) the auction clearing price in euros;
(c) the total volume of bids submitted;
(d) the total number of bidders and the number of successful bidders;
(e) in case of cancellation of an auction, the auctions to which the volume of allowances will be carried over;
(f) the total revenue earned from the auction;
(g) the distribution of the revenue between the Member States, in the case of auction platforms appointed pursuant to Article 26(1).
2. The auction platform shall announce the results of each auction as soon as is reasonably practicable. The information on the auction results pursuant to points (a) and (b) of paragraph 1 shall be announced no later than 5 minutes after the close of the bidding window, whereas the information on the auction results pursuant to points (c) to (g) of paragraph 1 shall be announced no later than 15 minutes after the close of the bidding window.]
[F23. [F1At the same time as the auction platform announces pursuant to paragraph 2 the information listed in points (a) and (b) of paragraph 1, the auction platform shall notify each successful bidder bidding through its systems:]
(a) the total number of allowances to be allocated to that bidder;
(b) which of its tied bids, if any, were randomly selected;
(c) the payment due either in euros or in the currency of a Member State not member of the euro-zone, chosen by the bidder provided that the clearing system or settlement system is capable of handling the national currency in question;
(d) the date by which the payment due must be paid in cleared funds into the auctioneer's nominated bank account.]
4.Where the currency chosen by the bidder is not euros an auction platform shall notify a successful bidder bidding in auctions conducted by it of the exchange rate it has used to calculate the amount due in the currency chosen by the successful bidder.
The exchange rate shall be the rate published on a recognised financial newswire service specified in the contract appointing the auction platform concerned, immediately following the close of the bidding window.
5.An auction platform shall notify the relevant clearing system and settlement system connected to it of the information notified to each successful bidder, pursuant to paragraph 3.
Textual Amendments
F1 Substituted by Commission Delegated Regulation (EU) 2019/1868 of 28 August 2019 amending Regulation (EU) No 1031/2010 to align the auctioning of allowances with the EU ETS rules for the period 2021 to 2030 and with the classification of allowances as financial instruments pursuant to Directive 2014/65/EU of the European Parliament and of the Council (Text with EEA relevance).
F2 Substituted by Commission Delegated Regulation (EU) 2019/7 of 30 October 2018 amending Regulation (EU) No 1031/2010 as regards the auctioning of 50 million unallocated allowances from the market stability reserve for the innovation fund and to list an auction platform to be appointed by Germany (Text with EEA relevance).