Commission publishes first status update for New Entrants’ Reserve (NER) and impact of cessation rules

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New installations lined by means of the ETS Directive, and installations that build up capability, are eligible for further unfastened allocation from the NER in section 3 of the EU Emissions Trading System. The preliminary NER held 480.2 million allowances.

Until now, 55.nine million allowances had been reserved for 186 installations for everything of the 3rd buying and selling duration. This leaves 88% of the preliminary NER to be dispensed to new installations that will likely be constructed one day in addition to current installations that may build up their capability within the years forward.

The Commission additionally revealed data at the impact of the rules on partial cessations (diminished manufacturing ranges) and important capability discounts. In 2013, allocation used to be diminished by means of round 35 million allowances for roughly 1000 installations that produced considerably lower than the manufacturing on which allocation used to be calculated, or that diminished their manufacturing capability.

The desk at the allocation of allowances from the NER will likely be up to date each 6 months. The desk at the partial cessations and important capability discounts will likely be up to date once more on the finish of 2014, and yearly thereafter.

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