The EU ETS is a system based on a ‘cap and trade’ principle. Its aim is to reduce the total greenhouse gas emissions from energy intensive industries and to generate revenues to support the green transition. Emissions are converted into tradable allowances, with the capped emissions reducing each year to provide an economic incentive for installations to decarbonise.
The EU ETS was launched in 2005 and it operates in trading phases. Currently we are in Phase IV, which runs 2021 to 2030.
The EU ETS operates in all EU countries, as well as Norway, Liechtenstein and Iceland. It was also linked with the Swiss ETS in 2020. It applies to energy intensive industries, covering emissions from industrial manufacturing, electricity and heat generation, aviation and, more recently maritime transport.
It applies to stationary installations have a combined thermal input capacity of greater than 20 MW thermal, made up of units greater than 3 MW thermal.
Swan Energy has been involved with the EU ETS since it was first launched in XXX. s inception and delivers 100% compliance for our clients. We are experts in Greenhouse gas legislation and carbon reporting and have extensive knowledge and experience in the operation of Emissions Trading Systems.
Swan Energy ensures you are fully compliant with all the aspects of the scheme, relieving hassle and the risk of mistakes. We offer peace of mind that all the obligations and requirements of the scheme are met and are a trusted partner and adviser. We shield our clients from the complexities of the reporting process and take the headache out of compliance.
Our EU ETS compliance and reporting service is always tailored to your needs and can include:
We support over 90 UK installations with their mandatory energy reporting.
Swan Energy reported over 1 million tonnes of CO2 for ETS clients in the last reporting year.
Average cost of Carbon. Data for 2023.
Our partnership with Redshaw Advisors enables clients to benefit from an end-to-end compliance service which includes the purchase of allowances, registry support and carbon market advice.
Do you have more questions about EU ETS? The Swan Energy team has lots of KNOW HOW and we are experts in this field. Tap into our bank of knowledge…
Swan Energy
Cygnus House, 3 Ned Lane
Slaithwaite, Huddersfield
West Yorkshire
HD7 5HQ
