UK Emissions Trading Scheme (UK ETS)
09 December 2024
Sites meeting the qualifying criteria are required to participate in the UK ETS (Emissions Trading Scheme) and operate under a Greenhouse Gas (GHG) Emissions Permit. Under the terms of the scheme, participants must monitor emissions and submit a verified annual emissions statement (AEM) to the Environment Agency each year, and purchase/surrender carbon allowances. If in recipient of a free allowance allocation, the site must also submit an ‘Activity Level Report’ (ALR), which requires ‘sub-installation’ level data to be collated.
The current UK ETS Phase (Phase 1) is split into two reporting Periods: Period 1 (2021-2025), and Period 2 (2026-2030). Installations entitled to a free allocation in Period 2, will be required to submit a new application for allowances between 1 April – 30 June 2025.
In this webinar, SLR provide an overview of the UK Emission Trading Scheme (UK ETS) including:
- how a site qualifies
- what the obligations are if you do qualify
- how to meet compliance
- the potential financial impacts of participation, and
- what the UK Government has said in relation to the future of the scheme.
For further information, please contact Graeme Precious
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Graeme Precious, Technical Director, Carbon Management & Energy Efficiency, SLR
