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 […]
Carbon price set for civil penalties in 2024.
The UK ETS Authority has determined the carbon price for use in civil penalties during the 2024 reporting year will be £64.90. What is the carbon price for civil penalties? 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 […]
METS (Manage Your UK Emissions Trading Scheme Report Service) Launches
August has seen the launch of the new UK ETS reporting system, METS, which replaces the previous EU based ETSWAP portal. As part of this transition, only the current active permit and a sole primary contact for each installation have been migrated, with the primary contact expected to add all other users as necessary. The […]
Developing the UK ETS Guidance: Carbon Market Experts
The Swan Energy team has produced a guidance document to summarise the updates shared in: Developing the UK Emissions Trading Scheme (UK ETS) – Main Response. We are sharing key points for different audiences and this update is for Carbon Market Experts. 1 – Unallocated Free Allowances and Flexible Share The Authority has decided […]
UK ETS Scheme Guidance Update
The Swan Energy team has produced a guidance document to summarise the updates shared in: Developing the UK Emissions Trading Scheme (UK ETS) – Main Response. We are sharing key points for different groups and industries. This update is for Hospitals and Small Emitters, Biomass, and Waste Incinerators and Energy from Waste Plants. 1 – Hospitals […]
Developing the UK ETS Guidance: Summary for Electricity Generators
The Swan Energy team has produced a guidance document to summarise the updates shared in: Developing the UK Emissions Trading Scheme (UK ETS) – Main Response. Over the coming weeks we will share key points for different audiences. This update is a summary for Electricity Generators. 1 – Reviewing the Electricity Generator Definition The Authority will […]
Developing the UK ETS Guidance: Participants who receive Free Allocation
The Swan Energy team has produced a guidance document to summarise the updates shared in: Developing the UK Emissions Trading Scheme (UK ETS) – Main Response. Over the coming weeks we will share key points for different audiences about the UK ETS Guidance. This update is for UK ETS Participants who receive free allocation. […]
Developing the UK ETS Guidance: Summary for all UK ETS participants
The Swan Energy team has produced a guidance document to summarise the updates shared in: Developing the UK Emissions Trading Scheme (UK ETS) – Main Response. Over the coming weeks we will share key points for different audiences. This update is for All UK ETS Participants. 1 – Introduction of the Net Zero Consistent Cap […]
Manage your Emission Trading System – Latest Update
In 2021 the UK Emissions Trading Scheme (UK ETS) replaced the UK’s participation in the EU ETS. As part of this transition, a new UK system will soon be launched for Manage Your Emission Trading Scheme (METS). This will replace the existing ETSWAP system. Over the past few months we have provided regular updates as […]
ETS reporting: Swan exceeds one million tonnes.
The Swan Energy team has now come to the end of its busiest period in the year as monitoring, reporting and verification comes to an end for the 2022 UK ETS reporting year, and annual 2022 emissions reported on behalf of clients, and independently verified, were 1 043 242 tCO2 across 79 installations. This is […]