UK Government Explores Including Grid Injected Biomethane in ETS.
The UK anaerobic digestion and biogas sector has raised alarm over a policy gap in how biomethane injected into the gas grid is treated under the UK Emissions Trading Scheme (UK ETS). In August, the Anaerobic Digestion & Bioresources Association (ADBA), supported by over 90 industry signatories, urged Secretary of State Ed Miliband to recognise […]
Ireland Seeks Exemption from ETS2 Allowance Surrender Obligations.
In this, our concluding article about ETS2, to mark the launch of our ETS2 service, we explore how some Competent Authorities have submitted notifications to the European Commission seeking exemptions from the ETS2 allowance surrender obligations for fuels under the carbon tax regime. This article focuses specifically on the case of Ireland. In December […]
How Will ETS2 Roll Out Between 2024–2030?
Our third in a series of updates about ETS2 looks the planned ETS2 Roll Out. It examines the key compliance dates that Regulated Entities (REs) under the ETS2 scheme must adhere to. Understanding these timelines is essential for ensuring compliance and avoiding potential enforcement action. As mentioned in our previous update Who will ETS2 […]
Who will ETS2 Impact? What Stakeholders Need to Know
To mark the launch of a new compliance service to support operators under the EU Emissions Trading System (ETS2) Swan Energy is sharing a series of informative articles to help our clients and others fully understand the scheme and their obligations. After sharing an introduction in our first update, in this second article we focus […]
An Introduction to the EU Emissions Trading System 2 (ETS2)
At Swan Energy, we are pleased to introduce a new compliance service to support operators under the ETS2, in addition to our existing services under the EU ETS. Over the coming weeks, we will be publishing a series of articles to help build a clearer understanding of the ETS2 scheme covering who it applies to, […]
UK ETS Civil Penalty Amendments
Previously, the UK ETS Authority consulted on amending the civil penalties imposed under the UK Emissions Trading Scheme (ETS), which can be viewed here. The main changes the Authority proposed were: – The inclusion of a penalty relating to the failure to submit information to Regulators specified in Article 27a of the Order, and – […]
SEPA Consultation: Emissions Trading Charging Scheme
The Scottish Environment Protection Agency (SEPA) is currently conducting a consultation regarding its Emissions Trading Charging Scheme for 2024. The suggested changes to the ETS Charging Scheme will be especially relevant for main scheme operators who are eligible for free allocation of emissions allowances, as well as participants in the Hospital and Small Emitter (HSE) […]
ESOS Action Planning – A New Requirement.
Are you prepared to comply with the Environment Agency’s ESOS Action Plan? Don’t get caught out! The Environment Agency published a specification for action plan reporting in June and in their September ESOS newsletter, they shared information about an extension to the ESOS Action Plan Reporting deadline. The Swan Energy team is completely ready to […]
Ensure compliance – Register for your MESOS account.
Register for your MESOS (Manage your Energy Savings Opportunity) reporting account now to ensure compliance with ESOS Phase 3. As mentioned in our previous ESOS Phase 3 – Latest Update, the Phase 3 ESOS compliance deadline. which was previously the 5th of December 2023, has been extended to the 5th of June 2024. This extension was granted […]
UK Carbon Border Adjustment Mechanism: Have your say.
On the 21st of March 2024, HM Revenue and Customs and the HM Treasury published the consultation ‘Introduction of a UK Carbon Border Adjustment Mechanism from January 2027’. The purpose of the consultation is to seek views on the proposed design, structure and administration of the UK Carbon Border Adjustment Mechanism. Background In December […]