On September 30th, applications for free allowances under EU ETS were sent from national environmental agencies across Europe to the European Commission.
Carbon Limits has supported 10 Norwegian companies in industries ranging from district heating to paper manufacturing in preparing their applications. Our support has in certain cases resulted in applying for allowances significantly above Phase III allocations. With today’s EUA price of EUR 25/tCO2, making sure the application for free allowances is correctly done can provide a significant financial gain. We wish all companies, national authorities and the European Commission a smooth application process, and we will be happy to help in the future!