The European Commission today published a status update on the allocation of allowances from the New Entrants' Reserve 2013-2020
In the third trading period of the EU ETS, new installations and installations that increase their capacity are eligible for free allocation from the New Entrants' Reserve. The initial New Entrants' Reserve held 480.2 million allowances.
Until now, 114.1 million allowances have been reserved for 527 installations for the entirety of the third trading period. This leaves 76.2% of the initial New Entrants' Reserve to be distributed to new installations that will be built in the future as well as existing installations that will increase their capacity in the years ahead.
The table on the allocation of allowances from the New Entrants' Reserve will be updated again in July 2017.
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Details
- Publication date
- 16 January 2017
- Author
- Directorate-General for Climate Action