Hungary raises €7.1 mln at emission unit auction
Hungary sold 2,587,500 emission unit allowances (EUA) at a price of €2.76 per EUA at an auction on the European Energy Exchange (EEX)on Tuesday, Leipzig-based EEX said. The auction proceeded €7.14 million, Econews calculated. 15 companies bid for a total amount of 6,615,000 EUAs at the auction, giving a cover ratio of 2.6, EEX told MTI. Hungary will auction a similar volume on the EEX on April 25. The sales are from the quotas effective between 2008 and 2012, which have to be sold by the end of April. Tuesday's auction was the first emission unit sales by Hungary this year. Last year it sold a total of 2.5 million EUAs at two auctions, raising about €16.2 million.
Avg Hourly Pay Rate for Blue-collar Workers Climbs 16% in Q1
Bulgaria's Household Income, Spending Rise 20% in 2023
Job Fair and Career Prep at Corvinus Starts Tomorrow
Spago Budapest Offering Unique Sunday Brunch Experience
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
