Commit 305307f7 authored by jbleher's avatar jbleher
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@@ -9,7 +9,7 @@ CO2 allowances don’t come cheap, and Santa’s feeling the pinch. Inflation’

But Santa’s no quitter. To keep his sleigh bells ringing, he needs to buy EUA (European Emission Allowances) on the secondary market through continuous trading after Boxing Day. He’s hoping to lock in his orders before New Year’s, and since he’s thinking about expanding his deliveries to include Orthodox Christmas on January 6, 2025, he’d really like a prediction for EUA prices at the start of next year.

Here’s the twist: [EUA spot market auctions for the primary market take place every Monday, Tuesday, and Thursday, with delivery the next day.](https://www.eex.com/fileadmin/EEX/Downloads/Trading/Calendar/Auction_Calendar/EEX_Auction_Calendar_2024_31.07.2024.pdf) The last auction of the year falls on Monday, December 16, 2024. Unfortunately, Santa can’t participate - he’ll be too busy managing his operations. So he’s planning to go big on EUA purchases after Boxing Day on the secondary market which is traded continuously, but not on banking holidays.
Here’s the twist: [EUA spot market auctions for the primary market take place every Monday, Tuesday, and Thursday, with delivery the next day.](https://www.eex.com/fileadmin/EEX/Downloads/Trading/Calendar/Auction_Calendar/EEX_Auction_Calendar_2024_31.07.2024.pdf) The last auction of the year falls on Monday, December 16, 2024. Unfortunately, Santa can’t participate - he’ll be too busy managing his operations. So he’s planning to go big on EUA purchases after Boxing Day on the secondary market which is traded continuously - except on banking holidays, when the bankers get to relax by the fire while Santa’s still out in the cold..

He is reaching out to his pals in the AIDAHO team. He sent a file with daily closing prices on the secondary market (EEX) for the last 14 years. Santa thinks the price history might be useful. He downloaded the prices from [ICapCarbonAction.com](https://icapcarbonaction.com/en/ets-prices) and one of his elves completed the data with the primary source from the [EEX homepage](https://www.eex.com/en/market-data/environmentals/spot). You find the data in this GIT repository in the data folder.