Press Release: Emissions trading: rules on transitional free allocation of allowances to the power sector adopted

Author (Corporate)
Series Title
Series Details IP/11/375 (29.3.11)
Publication Date 29/03/2011
Content Type

From the start of the third phase of the EU Emissions Trading System (2013-20) the power sector will in general have to buy all its allowances. However, until 2019 ten Member States may choose to allocate a limited number of allowances for free to power stations instead of selling them. The Commission Decision sets out the rules Member States would have to follow if they opt to give away allowances for free, and is accompanied by a Communication with additional guidance on how any applications received will be assessed.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/375&format=HTML&aged=0&language=EN&guiLanguage=en
Related Links
ESO: Background information: Benefits of emissions cuts highlighted http://www.europeansources.info/record/benefits-of-emissions-cuts-highlighted/
European Commission: Memo/11/201: Emissions trading: Questions and Answers on rules and guidance on allocation of free allowances to the power sector http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/201&format=HTML&aged=0&language=EN&guiLanguage=en

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