UK Emissions Trading Scheme (UK ETS)
This event took place on the 14th of November, you can catch up on the recording below:
Sites that meet 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 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 the 1st of April to 30th of June 2025.
This webinar will provide an overview of the UK Emission Trading Scheme (UK ETS) including:
- How a site meets the qualifying criteria.
- What the obligations are if you do qualify.
- How to meet compliance.
- The potential financial impacts of participation.
- What the UK Government has said in relation to the future of the scheme.