European Energy Exchange (EEX) publishes 2021 sales calendar for certificates in national emissions trading (nEHS)
There is renewed movement on the topic of national emissions trading: EEX announces the sales dates for the sale of allowances in national emissions trading for 2021. Consequently, they should be available for purchase twice a week, on Tuesdays and Thursdays, from 09:30 to 15:30 (Central European Time).
First deadline is 05 October 2021 (Tuesday) at 09:30. The last date of sale, on the other hand, is expected to be December 07, 2021.
For the time being, the number of certificates available in the fixed-price phase (from 2021 to 2025) is unlimited.
The certificates are issued during the fixed-price phase at a price set by law. The fixed price ofCO2 certificates will rise from €25/tCO2 (2021) to €55/tCO2 (2025). From 2026, the fixed-price system is then to change to an auction procedure.
In addition, since 09 August 2021, companies can register for the purchase of certificates at the EEX. The most important prerequisite for this is that the companies already have an account in the DEHSt’s nEHS register.
If you have any further questions, please do not hesitate to contact us. Gallehr Sustainable Risk Management GmbH is also listed as an intermediary on the official site of the EEX.
We will be pleased to carry out the following activities for you in the context of SESTA:
- Advice on the economic and procedural effects of the Fuel Emissions Trading Act 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 in accordance with § 7 para. 1, 2 BEHG
- Preparation and support of the verification of the emission report according to § 7 para. 3 BEHG
- Submission of the verified emissions report to the competent authority (DEHSt) by 31.07 of the following year after §7 para. 1 BEHG
- Verification to avoid double charging according to §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 BEHG 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 BEHG
- 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 BEHG
- 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