UK ETS Civil Penalty Carbon Price for 2026 Reporting Year.
The UK ETS Authority has determined the civil penalty carbon price for use during the 2026 reporting year will be £49.41. What is the civil penalty carbon price? Hospitals and Small Emitters (HSEs) are installations within UK ETS that can chose to opt out of the main scheme, if they meet both of the following […]
UK ETS Phase 1: Has It Been a Success?
The UK Emissions Trading Scheme (UK ETS) launched in 2021, replacing the EU Emissions Trading System (EU ETS) in Great Britain and most of Northern Ireland. UK ETS Phase 1 is now nearing completion— giving us the chance to reflect on how successful the scheme has been so far. UK ETS Phase 1 – […]
UK ETS–EU ETS Link on the Horizon
UK ETS–EU ETS Link: The UK-EU summit held on 19th May 2025 in London officially stated the intention of both parties working towards establishing a link between the two carbon markets. Following Brexit, the UK ETS diverged from the EU ETS for the 2021 reporting year, and although the two systems operate in very similar […]
UK ETS Consultation: Extending the UK ETS Cap Beyond 2030.
On Wednesday 12th February, the UK ETS Authority released their latest Consultation about extending the UK ETS Cap Beyond 2030. Currently the UK ETS is legislated to run until 30 December 2030. However, to align with the long-term pathway of UK ETS that was released in December 2023 and the UK’s net zero trajectory, the […]
UK ETS Existing Ultra Small Emitters: ACTION NEEDED.
Existing UK ETS Ultra Small Emitters must take action to maintain their status for the 2026-2030 allocation period. The Department of Energy Security and Net Zero (DESNZ) has released a data collection template that existing UK ETS Ultra Small Emitters (USEs) must complete, in order to maintain their USE status for the UK ETS 2026-2030 […]
UK ETS Authority Consultation Round Up
The UK ETS Authority has recently published various updates and consultations that will affect the future of the UK ETS. Below is a quick summary of those which have been released recently; taken from UK ETS bulletins. UK ETS Charges Proposal for GHG Emissions. This consultation is about the Environment Agency’s proposed changes to […]
UK ETS Baselining Exercise April – June 2025.
A mandatory UK ETS Baselining data collection exercise will take place April – June 2025. On the 11th November 2024, the UK ETS Regulators issued alerts drawing attention to the mandatory UK ETS baselining data collection exercise that will take place 1st April 2025 – 30 June 2025. All installation operators will be required to […]
Overall UK ETS Emissions drop by almost 13%
Emissions reported under UK ETS have dropped by 12.5% from 2022 to 2023 reporting years, as shown by the UK ETS Trading Registry Compliance Report published on 7th June. Total Emissions have dropped below 100m tCO2e for the first time since the inception of UK ETS in 2021. It is difficult to celebrate […]
Why our 2023 UK ETS reporting cycle ran smoothly
Early into the 2024 UK ETS reporting year, we thought it would be a good opportunity to update you on what the 2023 cycle felt like here for us here at Swan Energy. We reported over one million tonnes CO2 on behalf of 88 installations across the UK for 2023 UK ETS reporting year. These […]
Recalculating 2021 allocation post COVID.
A deadline of 31 January 2024 has been set for operators to apply to recalculate their 2021 allocation if the effects of the COVID pandemic meant that the 2019 to 2020 change in their Activity Level in a particular sub installation was greater than 15% larger than the change in their reportable emissions attributable to […]