Austrian Energy Exchange launches emissions trading

The price for the emissions certificates was €23.95 a tonne, which was in line with the prices at other European exchanges (€23.99 at Paris-based Powernext and €23.85 at Germany’s EEX).

Eight companies traded 7,500 tonnes of EUAs between them at the auction. Swiss company EGL was the market-maker, while the other energy-company first movers were Energie Handelsgesellschaft, Steweag-Steg, Tiroler Wasserkraft and Verbund. Even end-users took part, including industrials Tondach Gleinstätten and D

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