Information related to the nEHS Sales calendar for 2025:

    In coordination with the Federal Ministry for Economic Affairs and Climate Action (BMWK), the German Emissions Trading Authority (DEHSt) has decided on a later start of the sale of nEHS certificates by EEX in 2025. Accordingly, sales of nEHS certificates will begin in the second quarter of next year. The nEHS sales calendar 2025 will be published at least six weeks prior to the first nEHS sales date next year. Further information on this topic can be found in the corresponding DEHSt newsletter (available in German only).

    Intermediaries

    We are pleased to announce that currently, 35 companies have agreed to provide market access for the purchase of national emissions certificates (nEZ) as intermediaries, thereby supporting the supply of nEZ for all obligated companies.

     

    Intermediaries for nEHS*

    For further information, please see below the detailed intermediary list.

    To the website of ACT Financial Solutions B.V.

    For further information, please see below the detailed intermediary list.

    To the website of Advantag GmbH

    For further information, please see below the detailed intermediary list.

    To the website of AGRAVIS Raiffeisen AG

    For further information, please see below the detailed intermediary list.

    To the website of Badenova AG & Co. KG

    For further information, please see below the detailed intermediary list.

    To the Website of BayernLB

    For further information, please see below the detailed intermediary list.

    To the website of BKW Energie AG

    For further information, please see below the detailed intermediary list.

    To the Website of CELSIUS Climate Solutions GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of CFP Commodities Ltd

    For further information, please see below the detailed intermediary list.

    To the website of DeESA GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of EEG GmbH

    For further information, please see below the detailed intermediary list.

    To the website of Emissionshändler.com

    For further information, please see below the detailed intermediary list.

    To the website of Emissionshandelsgesellschaft Michael Pohlmann GmbH & Co. KG

    For further information, please see below the detailed intermediary list.

    To the website of Energie Quader GmbH

    Further information are available here (link to the Download section).

    To the Website of envia Mitteldeutsche Energie AG

    For further information, please see below the detailed intermediary list.

    To the Website of E.ON Energie Deutschland GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of E.ON Energy Markets GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of E.ON Portfolio Solutions GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of Espot GmbH

    For further information, please see below the detailed intermediary list.

    To the website of EWE TRADING GmbH

    For further information, please see below the detailed intermediary list.

    To the website of FutureCamp Climate GmbH

    For further information, please see below the detailed intermediary list.

    To The Website of KES mbH

    For further information, please see below the detailed intermediary list.

    To the Website of KlimaInvest Green Concepts GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of Marex Financial Limited

    For further information, please see below the detailed intermediary list.

    To the Website of NetzWerkStadt GmbH & Co. KG

    For further information, please see below the detailed intermediary list.

    To the Website of optimization engineers GmbH

    For further information, please see below the detailed intermediary list.

    To the website of Pfalzwerke Aktiengesellschaft

    For further information, please see below the detailed intermediary list.

    To the Website of Quantum GmbH

    For further information, please see below the detailed intermediary list.

    To the website of rEVUlution GmbH

    For further information, please see below the detailed intermediary list.

    To the website of RWE Supply & Trading GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of Sachsen Energie AG

    For further information, please see below the detailed intermediary list.

    To the website of Südwestdeutsche Stromhandels GmbH

    For further information, please see below the detailed intermediary list.

    To the website of Syneco Trading GmbH

    For further information, please see below the detailed intermediary list.

    To the website of Trianel GmbH

    For further information, please see below the detailed intermediary list.

    To the website of Vattenfall Energy Trading GmbH

    For further information, please see below the detailed intermediary list.

    To the Website of Vertis Environmental Finance Ltd.

    For further information, please see below the detailed intermediary list.

    To the Website of VNG Handel & Vertrieb GmbH


    *The list is constantly updated.

    Download

    Title Type Category Publishing date File
    List of Intermediaries Documents nEHS market 2024-11-12 xlsx (33 KB)

    As an alternative to using one or more intermediaries, obligated companies can also apply for direct admission to EEX and ECC. Please understand that we cannot make any statement on the duration of the admission process at this point, as this depends on individual factors of the applying company and applications are processed in the order in which they are received.

    For direct admission to EEX/ECC, the legislator imposes high requirements to protect the integrity of the market. This includes, for example, checks on the business model of the participants, traders and responsible persons for the purpose of preventing money laundering and fraud, among other things. These are requirements that are typically met by large trading companies, but also financial institutions, which therefore usually make up the majority of direct participants in a market.

    In the overall view of essential criteria (lower one-off and annual administrative costs, fast market access, portfolio effects during post-purchase, additional services on the one hand, and lower fixed and variable fees as well as higher insolvency protection on the other), the use of an intermediary is advantageous for companies that only occasionally participate in the sales process or only have a low to medium demand for nEZ.

    Admission

    Admission Portal

    Participants who want to participate at EEX directly can request admission as of 9 August 2021 online via admission portal.

    To the admission portal

    Contact

    If you have questions on the admission process, please contact

    nehs-admission@eex.com

    or the admission hotline: + 49 69 211 – 15566 (Languages: German, English and French).

    Get in contact

    Admission Guide

    Further information on the admission portal and the admission process are available in our admission guide.

    Download

    Sales

    Information on nEHS Sales Platform

    Watch the video "nEHS Sales platform tutorial" on YouTube.

    The nEHS sales platform will have an import function for buying orders.

    A sample file can be downloaded here.

    A document with further information can be found here.

    Information on the Sales

    A CSV report with the results of the nEHS sales can be found here.

    The nEHS Sales Calendar you can find here

    Information on Settlement of the Sales Process

    The current ECC Clearing Specifications as well as the current ECC Price List can be found in the download section on ECC website:

    ECC Download section

    Please note that the following documents are samples for information purpose only:

     

    IMPORTANT: For pre-payment bank transfer DCP-nEHS clients can only use the bank account which was stated in the admission form under point 2.4 “bank account”.

    FAQs

    Questions regarding nEHS?

    find answers here

    Supporting Climate Protection

    Peter Reitz, Chief Executive Officer of EEX

    "EEX has been active as an auctioning and trading platform at a European level for many years. We are very pleased on the news that EEX has been awarded this contract for the national Emissions Trading System (nEHS). This gives us the opportunity to support climate protection with our considerable experience and expertise in further sectors in which Germany is a pioneer."

    On 15th March 2021, European Energy Exchange AG (EEX) was awarded the contract for the sales of fuel emission allowances in the national Emissions Trading Scheme (nEHS) by the German Federal Environment Agency. Fuel emissions trading has been in force in Germany since 1st January 2021. The instrument will set a CO2 price for the heat and transport sectors at a national level for the first time, as previously this has not been covered by the European Emissions Trading Scheme (EU ETS).

    All CO2-emitting fuels placed on the market, in particular petrol, diesel, heating oil, liquefied petroleum gas, natural gas and coal, are included in the nEHS. The obligated parties under the nEHS are those who place fuels on the market, for example natural gas suppliers or companies in the mineral oil industry.

    Find out more about the national Emissions Trading Scheme (nEHS)

    EEX Press Release

    On 15th March 2021,  EEX was awarded the contract for the sales of fuel emission allowances in the national Emissions Trading Scheme (nEHS) by the German Federal Environment Agency.

    Read the full
    Press Release

    German Emissions Trading Authority (DEHSt)

    Further information on national emissions trading are available on the DEHSt website

    Click here for the DEHSt website

    Bringing carbon pricing to new sectors

    An introduction of National Fuel ETS in Germany (‘nEHS’) from the EEX Group Conference.

    To the presentation
    "Introduction of National Fuel
    ETS in Germany"

    nEHS Workshop, Focus: Access Routes

    Please find attached further information about our nEHS Workshop, Focus: Access Routes.

    download the presentation

    Secondary Market

    EEX currently does not offer an on-exchange secondary market for nEHS certificates during the fixed price phase. Through the bilateral, off-exchange secondary market it is in principle possible though to purchase or sell nEZ with the previous year’s vintage.

    Some of the companies which act as intermediary and organize market access to purchase nEZ also offer the possibility to trade nEZ with the previous year’s vintage. These companies are labelled in the list of intermediaries which is published on this webpage.

    In addition, q-bility, a strategic partner of EEX, offers the possibility to trade nEZ with the previous year’s vintage on their trading platform. Participants can enter “requests for quotations” to purchase or sell nEZ and hence receive quotations for potential prices. If both side agree on a deal on the platform, they would then enter a bilateral contractual agreement afterwards.

    Webinars and workshops

    EEX Webinar: Market access for participation in National Emissions Trading Scheme (nEHS)

    Notice: To activate the video, please click on the picture. Please note that after activation your data will be forwarded to YouTube.

    Get in touch with our expert for further enquiries.

    Dr. Ingmar Rövekamp

    Senior Business Development | Environmental Markets

    +49 1623430133 ingmar.roevekamp@eex.com

    National Emissions Trading System

    If you want to learn more about the National Emissions Trading System watch the YouTube video by UBA.

    To the video on YouTube

    Contact

    If you have any question, please contact us.

    nehs@eex.com