Guidance on reporting and monitoring of CO2 emissions for 2021 and 2022 published

Movement on the topic of national emissions trading: on 18 January 2021, the German Emissions Trading Authority(DEHSt) published a guideline for reporting and monitoring CO2 emissions for the years 2021 and 2022. The contents of the guide include the scope of application of SESTA and reporting for the years 2021 and 2022.

In addition, the guidance also includes a section on “avoiding double charging” of installations that are already subject to emissions trading under the European emissions trading scheme (EU ETS). In this context, the EU-ETS system operator must issue a confirmation to the distributor which contains, among other things, the quantity of the substance supplied and used as well as a declaration of intention to use the substance. Detailed information on the contents of the confirmation to be issued can be found in the guidelines (from p.37).

Author: Sina Barragan, 22.01.2021

We carry out the following activities:

• Advice on the economic and procedural effects of the Fuel Emissions Trading Act (BEHG) on your company
• Advice for possible switch to EU-ETS
• Preparation and submission of the monitoring plan in accordance with §6 BEHG and continuous monitoring up to approval
• Verifiable determination of fuel emissions and preparation of the emissions report pursuant to § 7 para. 1, 2 SESTA
• Preparation and support of the verification of the emission report according to § 7 para. 3 SESTA
• Transmission of the verified emissions report to the competent authority (DEHSt) by 31.07 of the following year in accordance with §7 Para. 1 SESTA
• Verification of the avoidance of double charging in accordance with §7 Para. 5 SESTA
• Support in the establishment of accounts and account representatives in the national emissions trading registry pursuant to section 12 para. 2 SESTA for the administration of emission allowances pursuant to section 9 para. 1
• Support in the management of their register account e.g. as one of the authorized account holders
  • Verification of transfers
  • timely retransfers of emission allowances by 30.09 for the previous year pursuant to § 8 SESTA
  • Data updates of information in the register
  • Representation of historical account movements and balances on the basis of account statements
• Support in the purchase and sale of emission certificates
• Support with requests for information and assistance with on-site inspections by the competent authority pursuant to § 14 SESTA
• Identification of emission allowance price drivers and market monitoring
• Ad hoc announcements on relevant events, political developments and legislative changes
• Regular status and strategy meetings to strengthen decision-making capacity