In the framework of the supplementary agreement concluded on 11 April 2013 between the Ministry of National Development and the Leipzig based European Energy Exchange (EEX), the Hungarian State will sell all of its remaining European units of account (EUA) in April of this year, as approved by the European Commission.

Following approval of the modification of the National Allocation Plan, in place of the originally announced 3,456,500 EUA units, 5,174,500 EUA units will be offered for sale on the EEX spot market. The exchange auctions are scheduled for 23 and 25 April 2013, between 1.00 p.m. and 3 p.m. On the given value dates, buyers can bid for significantly more emission units, equalling 2,587,500 and 2,587,000 units, instead of 1,728,500 and 1,728,000 units.

The Ministry of National Development is thereby selling the last Hungarian EUA units in the second trading period of the EU emission trading system.

The government will use the revenues to take further steps toward the improvement of energy efficiency and the reduction of the energy costs of households.

(Ministry of National Development Communications Department)