Overall UK ETS Emissions drop by almost 13%

UK Emissions Trading Scheme (UK ETS)

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

Joe UK ETS Reporting

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.

UK Emissions Trading Scheme (UK ETS)

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 […]

UK ETS Registry Accounts

UK Emissions Trading Scheme (UK ETS)

Registry Administrators began contacting Operators who hold a UK ETS Permit on 4th May 2021 with regards to opening a UK ETS Operator Holding Account. Swan Energy has been informed that Company details will be transferred over from the EU Registry, however, personal details of the primary contact and nominated authorised representatives will be required […]

Call for evidence on the UK ETS Free Allocation

UK Emissions Trading Scheme (UK ETS)

The Department for Business, Energy and Industrial Strategy (BEIS) has issued a call for evidence on the UK ETS Free Allocation. This is part of an ongoing review to develop the UK ETS, beginning this year. Areas up for review, later in the year, include setting a net zero consistent cap trajectory, a supply adjustment […]

Gross Vs Net Emissions in SECR

Streamlined Energy and Carbon Reporting

As previously discussed in Swan Energy blogs, Streamlined Energy and Carbon Reporting (SECR) obligations provide a huge opportunity for an organisation to highlight their green ambitions. So, how should a business go about including green energy contracts and carbon offsetting/sequestration in a newly required Energy and Carbon Report? For starters, SECR regulation requires quoted companies […]

UK ETS – What to watch out for

UK Emissions Trading Scheme (UK ETS)

With today‚Äôs announcement that a UK Emissions Trading System (UK ETS) will be established to replace the UK’s participation in EU ETS, we have put together a summary of how this could impact your installation. To aid the transition to a UK ETS and allow a possible link to EU ETS in the future, UK […]

EU ETS – Activity Level Reporting

UK Emissions Trading Scheme (UK ETS)

As mentioned in our previous updates, starting this year all full participants eligible for free allocation must report their activity level for 2019 and 2020. The introduction of dynamic allocation in Phase IV means that activity level must now be formally reported and verified. Dynamic Allocation Dynamic allocation is designed to recognise that installations can […]

EU ETS – What to expect on your verification visit

UK Emissions Trading Scheme (UK ETS)

Swan Energy works with clients and their verifiers to ensure that all EU ETS obligations are met. It is our job to shield clients from much of the complexity of the reporting process. Your Swan Energy Account Manager will be there onsite during the verification visit to support you, talk through the calculations and present […]

Important EU ETS updates

UK Emissions Trading Scheme (UK ETS)

The UK government has recently released a newsletter and documents containing important updates regarding the transition to a new UK carbon pricing scheme in 2021. The main focuses were changes to the union registry accounts, reporting in 2020 (including activity level reporting) and a consultation on the permit conditions of a UK ETS. We have […]