Swan Energy has produced a guidance document to summarise the Developing the UK Emissions Trading Scheme – UK ETS consultation document under a number of headlines – one being for Hospitals and Small Emitters. Here is our summary.
The Authority proposes that, should they wish to, Hospitals and Small Emitters can re-enter the main UK ETS scheme from 2024. Applications would be open from Jan 2023 to March 2023.
An operator may wish to voluntarily re-enter the scheme as HSEs experienced an unforeseen cut in emissions targets by 5% in 2021. It is important to note that small emitters classified as electricity generators would not receive any free allocations were they to re-enter the UK ETS scheme.
Operators re-entering the scheme voluntarily would be eligible to apply for free allocation provided they made an application that was assessed as valid for free allocation under Phase IV of the EU ETS.
This section relates to Questions 188 – 189 in the response survey and the authority wishes to hear your thoughts on whether you agree with proposals.
If anyone would like to receive our full summary document, please call us on 01484 843867 or email info@swanenergy.co.uk and we’ll be in touch.
Swan Energy has been involved with the UK ETS (formerly EU ETS) since its conception and delivers 100% compliance for our clients. Click here to find out more about our service.
