How to comply with ETS?
Operators subject to the European Union Emissions Trading System (EU ETS) are each assigned a Competent Authority (CA), to which they must report. These operators have specific obligations:
- Registry Account: They are required to open a registry account for matters related to EU Allowances.
- Emissions Monitoring and Reporting: Operators must monitor and report their annual CO2 emissions. This involves collecting emissions data and preparing an Annual Emissions Report (AER).
- Verification Process: They need to engage with a verifier, an independent party, to confirm the accuracy of their emissions data and AER.
- Reporting Deadline: The AER and the verifier's opinion must be submitted to the Competent Authority by the 31st of March of the year following the monitoring period (N+1).
- Allowance Surrender Deadline: Operators must surrender their emissions allowances by the 30th of April in the year following the monitoring period (N+1).
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