Skip to main content
Climate Action
News article15 January 2019Directorate-General for Climate Action1 min read

Commission publishes status update for New Entrants' Reserve

The European Commission today published a status update on the allocation of allowances from the New Entrants' Reserve 2013 – 2020.

78427267web.jpg

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, 161.2 million allowances have been reserved for 834 installations for the entirety of the third trading period. This leaves 66% 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 2019.

Read more:

Details

Publication date
15 January 2019
Author
Directorate-General for Climate Action