Environmental guidance for your business in Northern Ireland & Scotland
Each member state of the European Union (EU) has a national emissions trading registry for greenhouse gas allowances. These online databases are vital components of the EU Emissions Trading System (EU ETS) as they enable participants of the scheme to trade allowances.
If you operate an installation with EU ETS obligations, you must open an operator holding account with the UK emissions trading registry. The registry also contains person holding accounts. Any individual or organisation can apply to open such an account.
The EU ETS Registry is managed by the Environment Agency in the UK. It records:
Accounts are available through online registration and are subject to a nominal fee, which covers the cost of security checks.
You can buy or sell EU allowances in several ways:
In Phase II of the EU ETS (the current phase), the UK government will auction 7 per cent of EU allowances. These competitive auctions are open to anyone who has an EU ETS Registry account. To place a competitive bid in an auction, you need to submit bids through an intermediary known as a Primary Participant who has direct access to the auctions.
The UK government is also holding non-competitive auctions, which are open to anyone with a greenhouse gas permit from any EU member state. In these auctions, participants can submit a bid for up to 10,000 allowances and will pay the clearing price from the competitive auctions.
You can also email the DECC EU ETS auctioning team at email@example.com.
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