UK ETS Registry Accounts

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 to be submitted.

UK Allowances (UKA)

The first UK ETS auction is on the 19th May 2021 and will be held on the Intercontinental Exchange (ICE). Auctions will then take place on alternate Wednesdays at 12-14pm.

There is an auction reserve price (APR) of £22 per tCO2e in place for the transition period into UK ETS. However, we would be very surprised if the price of carbon dropped this low. The withdrawal of the ARP will be discussed as part of a consultation, later this year, to align the UK ETS cap with the UK’s Net Zero trajectory.

Click here for more information about the UK Emissions Trading Registry that has been developed for the UK ETS.

If you would like to talk to the Swan Energy team, please call us on 01484 843867.

Joe Youldon

Operations Manager

Joe Youldon

Operations Director

Joe joined the Swan Energy team in November 2019. He graduated from the University of Leeds with a BSc in Environmental Science (International) in July 2019, having spent a year in Melbourne studying as part of his course.

In his role, to which has has recently been promoted, Joe manages the company’s portfolio across the UK, mentoring the team of Carbon Analysts. Joe is London-based.