Auctions shall be carried out through an auction format whereby bidders shall submit their bids during one given bidding window without seeing bids submitted by other bidders. Each successful bidder shall pay the same auction clearing price as referred to in Article 7 for each allowance regardless of the price bid.
Home› Data Protection & Digital› ETS Auctioning Regulation
Chapter II · THE DESIGN OF THE AUCTIONS › Article 5
Auction format
←→ also move between articles