nEHS, BEHG, EEX, Verkaufstermine

Three more nEHS sale dates available in December 2021 and calendar for 2022.

In coordination with the German Federal Environment Agency ( UBA), the European Energy Exchange ( EEX ) is extending the sales calendar for the national emissions trading system (“nEHS”) to include additional dates in December 2021. The obligated companies under the nEHS thus have further opportunities to purchase national emission allowances (“nEHS allowances,” identified on the EEX with the abbreviation “nEZ”) at a price of €25 before the end of this year.

The additional sales dates for 2021 will be held on December 9, December 14, and December 16. The sale will take place in a time slot from 9:30 a.m. to 3:30 p.m. CET each day. The extension of the sales dates in 2021 takes into account, in particular, the fact that only a shortened period is available for covering with nEHS certificates in the first reporting year 2021.

In addition, EEX today also published the schedule for the sales dates in 2022 in consultation with the UBA. These will be held twice a week throughout the year. nEZ purchases can be made on Tuesdays and Thursdays; the time slot will be open for six hours each as before, with the time period being brought forward to 9:00 a.m. to 3:00 p.m. CET. Firstly, participants can purchase nEHS certificates for theyear 2022at a fixed price of 30 euros per nEHS certificate throughout theyear in the sales dates in2022. Secondly, between January and September 2022, subsequent purchases of nEHS certificates for the year2021 are also possible to a limited extent at the corresponding fixed price of 25 euros per certificate.

However, the possibility of subsequent purchase is limited by law to 10 percent of the quantity already purchased by the respective participant in 2021 (§ 10 para. 2 p. 3 Fuel Emissions Trading Act (BEHG)).. The reference point in this context is, according to § 6 para. 2 Fuel Emissions Trading Ordinance (FETO) the amount of nEHS allowances a responsible party holds in its compliance account at the end of the calendar year (here: December 31, 2021).

nEHS allowances due in 2021 are only surrenderable for the 2021 reporting year, with companies required to meet their surrender obligation by September 30, 2022.

The last date of sale with the possibility of subsequent purchase is 22.09.2022.

nEHS certificates maturing in 2022 can also be surrendered for the 2021 reporting year.

If you have any further questions about national emissions trading, please do not hesitate to contact us.

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