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Climate Action
  • News article
  • 15 July 2016
  • Directorate-General for Climate Action
  • 1 min read

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.

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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, 109.2 million allowances have been reserved for 492 installations for the entirety of the third trading period. This leaves 77% 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 January 2017.

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Details

Publication date
15 July 2016
Author
Directorate-General for Climate Action