Source: European Parliament
In accordance with Article 11 (1) of Directive (EU) 2003/87/EC[1], Member States submitted their National Implementation Measures by 30 September 2024. The Commission is currently assessing the data received and at the end of that exercise the benchmark values will be revised.
Once the Commission Implementing Regulation determining revised benchmark values for free allocation of emission allowances for the period from 2026 to 2030 is adopted, the Member States will determine and notify the preliminary annual amounts per installation of free allowances, using the revised benchmark values.
The Commission will thereafter determine any factor established pursuant to Article 10a(5) of the directive by comparing the sum of the preliminary annual amounts of free allowances to installations in each year over the relevant allocation period with the annual amount of allowances that is calculated in accordance with Article 10a(5) and (5a) of the directive 2003/87/EC and relevant provisions in Commission Implementing Regulation (EU) 2019/331[2].
The determination of the uniform cross-sectoral correction factor for the adjustment of free allocation of emission allowances for the period 2026 to 2030 is scheduled for the second quarter of 2026.
- [1] Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32).
- [2] Commission Delegated Regulation (EU) 2019/331 of 19 December 2018 determining transitional Union-wide rules for harmonised free allocation of emission allowances pursuant to Article 10a of Directive 2003/87/EC of the European Parliament and of the Council.