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Xpansiv operates the NZ ETS auctions on behalf of the Crown

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September 2026 Auction Results

Results of the September 2026 auction.

Published: 4 Sept 2026

The September 2026 auction cleared at a level that triggered the release of both Tier 1 and Tier 2 Cost Containment Reserve (CCR) units. 

Additional units were released in accordance with the auction regulations and were allocated through the auction process. 

Auction information

Auction name
September 2026
Auction date
Tuesday, 8 September 2026
Units available
1,300,000
Unsold units available from previous auctions
2,600,000
Tier 1 CCR units available
2,300,000
Tier 1 CCR trigger price
$203.00
Tier 2 CCR units available
4,500,000
Tier 2 CCR trigger price
$254.00
Total auction units
10,700,000

Auction results

Clearing price
255
Units sold
10,700,000
Units unsold
0
Cover ratio (excluding CCR units)
2.74
Cover ratio (including CCR units)
1
Number of participants
1
Successful participants
1
Number of bids
1
Total units bid for
10,700,000
Average units per bid
10,700,000