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Auctioning in the third trading period will
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Article 10(1) of the revised ETS Directive -
see EC (2009a) - defines auctioning as the
basis principle for allocation. Article 10(4)
requires the EU Commission to adopt a
regulation on auctioning by June 30, 2010.
Following from Article 249 of the EU
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4
Definitions of clean-dark-spread and clean-
spark-spread follow widely used market
