Scheme (EU ETS)
first verified emissions data for installations
The European Commission
has released (15 May 2006) the 2005 carbon dioxide (CO2)
emissions data and compliance status of more than 9,400 installations
covered by the EU Emissions Trading Scheme.
For four Member States – Cyprus, Luxembourg, Malta
and Poland – no information has been received, as their emission
allowance registries are not yet operational. The Emissions Trading
Scheme enables greenhouse gas emissions from the power sector and
energy-intensive industrial plants to be cut, at least cost to the
The 21 Member States with active registries have allocated
an annual average of 1,829.5 million allowances to installations
in the scheme's first trading period, covering 2005 to 2007. In
addition, they have put aside an annual average of some 73.4 million
allowances for new installations or for auctioning purposes. Independently
verified emissions data for installations operating in these 21
Member States (with a small number still to report) amounted - by
30 April - to approximately 1,785.3 million tonnes for 2005.
By the compliance deadline of 30 April 2006, some
8.980 installations had fulfilled their obligations with regard
to reporting 2005 emissions. These installations account for more
than 99 % of allowances allocated.
Also, by the compliance deadline of 30 April 2006, a total
of 849 installations were identified as not having surrendered
a sufficient number of emission allowances.
Many of these have subsequently fulfilled their surrender
Some of the remaining installations that have yet to fulfil
their obligations have reportedly encountered technical difficulties
in national registries. The Commission will contact Member
States responsible for these installations to identify the
reasons and to ensure appropriate enforcement action is taken
in cases of non-compliance.
of the scheme
Preparation for the scheme's second trading period, from 2008 to
2012, is already well under way.
As required by the Emissions Trading Directive
Regulation), Member States are drawing up national allocation
plans for the 2008 to 2012 period for notification to the Commission
by 30 June 2006. These plans are important climate policy tools
since, collectively, they will determine the total permitted level
of CO2 emissions from installations across
the EU - as well as how many allowances each installation receives
individually. The new 2005 emissions data gives independently assessed
installation-level figures for the first time and, so, provides
Member States with an excellent factual basis for deciding upon
the caps in their forthcoming national allocation plans for the
second trading period - when the Kyoto targets have to be met. The
plans are subject to approval by the Commission, which will also
be making extensive use of the 2005 emissions data.
Separately, later this year, the Commission will launch
a review of the scheme and the Directive to see whether adjustments
to the scheme's design should be introduced after 2012. Experience
gained from the first compliance cycle is a valuable input to this
process. The main purpose of the review is to ensure that the scheme
- seen across the world as being the nucleus of a future international
carbon market - delivers emission reductions in the most cost-effective
way possible into the medium and long-term.
Under the scheme, launched on 1 January 2005, installations are
allocated a certain number of CO2 emission
allowances by their governments per year (one allowance gives the
right to emit one tonne of CO2). Installations
that keep their emissions below their total of allowances - for
instance by investing in more energy-efficient equipment - can sell
their surplus allowances to those that emit more than their allocated
allowances. This 'cap and trade' approach ensures that emissions
are cut wherever it is cheapest to do so.
|After the end of each calendar year, each installation
has to report its actual emissions from that year, assure independent
verification of this report and submit it to the competent national
authority by 31 March. By 30 April, the company has to surrender
a number of emission allowances equivalent to its verified emissions
in the previous year. Companies that surrender an insufficient
number of allowances to cover their emissions have to pay a
financial penalty of €40 to the Member State concerned for each
The annual compliance cycle is closed by the publication
of emissions data and surrendered allowances information per installation
on 15 May and the cancellation of surrendered allowances by 30 June.
Community Independent Transaction Log (CITL) records the
issuance, transfer, surrender and cancellation of allowances that
take place in national registries. Some Member States have informed
the European Commission that certain oversights and errors by companies
have taken place - such as cancelling rather than surrendering allowances.
These could lead to slight discrepancies in the figures in the CITL
and the summary tables available for download. Explanatory notes
have been added accordingly.
Due to technical problems occurring in the national
registries of the Czech Republic, France, the Slovak Republic and
Spain, the number of surrendered allowances - and, therefore, the
compliance status per installation as submitted by these national
registries to the CITL - may be incorrect. The Commission is collaborating
with these Member States to correct these compliance figures as
soon as possible. For this reason, no installation-level tables
are available for the Czech Republic, France, the Slovak Republic
and Spain for download at this stage.
To download Member State reports - Click
To access the searchable database on verified emissions
and surrendered allowances (the Community Independent Transaction
Log) - Click
For information on the Commission's infringement action
against Member States without an active registry - Click
Note: As all data are held in the
CITL and national registries, no data are available for those Member
States without an active registry.
* The figures in this column indicate
the number of installations with active registry accounts on 30
April 2006. They differ from figures communicated in earlier press
releases because they are updated for installations opted-out for
the first trading period, opted-in and installations without open
** The figures in this column are
allowances allocated to existing installations at the start of the
*** The figures in this column
are allowances not allocated to existing installations at the start
of the scheme, but put aside mainly for new entrants and auctioning
(in the case of Denmark, Hungary, Ireland, and Lithuania).
**** Due to technical problems in
the national registries of the Czech Republic, France, the Slovak
Republic and Spain, the CITL did not receive wholly reliable information
on the installation level surrenders from these Member States. Therefore,
some fields are empty for these Member States. All data represented
in the table was communicated directly to the Commission by the
respective authorities of these Member States.
For general information on the EU emission trading
scheme - Click