FantasticSearch

Allocation mechanism referred to in Article 17 (1) Determination of the quantity to be allocated to undertakings for which reference values have been established under Article 17(1). Each undertaking for which reference values have been established receives a quota, which is calculated as follows:

(a) a quota corresponding to 89 % of the reference value referred to in Annex VII, point 4(a), multiplied by the maximum quantity for the year for which the quota is allocated, divided by the base value of 176 700 479 tonnes CO2 equivalent (); and (b) where relevant, a quota corresponding to the reference value referred to in Annex VII, point 4(b). From 2027, such a quota is obtained by multiplying the reference value with a factor of 0,85. From 2030, such a quota corresponds to the reference value multiplied by the maximum quantity for the year for which the quota is allocated divided by the maximum quantity for the year 2025. Where, after allocating the full amount of quota as referred to in the second subparagraph, the maximum quantity is exceeded, all quota will be reduced proportionally.

(2) Determination of the quota to be allocated to undertakings that have submitted a declaration pursuant to Article 17(3). The total sum of the quota allocated under point 1 is subtracted from the maximum quantity for the given year set out in Annex VII to determine the reserve amount to be allocated to undertakings, which have submitted a declaration under Article 17(3). Each undertaking receives an allocation corresponding to a pro-rata share of the reserve. The pro-rata share is calculated by dividing 100 by the number of undertakings that have submitted a declaration.

(3) Penalties established in accordance with Article 31 are taken into account in the calculations referred to above.