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Emissions trading: single EU Registry activated

  • Start date : 20/06/2012 00:00:00
Emissions trading: single EU Registry activated

Today the European Commission has activated the single EU registry for all users. This follows the completion of the activation process announced on 3 May.

 

Jos Delbeke, Director General for Climate Action, said: "Today’s opening of the single registry marks a milestone for putting in place the infrastructure needed in phase 3 of the EU Emissions Trading System. The work by the Commission, together with Member States, provides for an efficient registry system with greatly increased security for users. In parallel, work is continuing and progressing well on the outstanding infrastructure elements, most importantly the auctioning infrastructure. Of course, a major change also brings the need for users to adapt to the new system. National helpdesks will continue to support them and the Commission stands ready to ensure a smooth start of the new registry set-up."

The single registry, where accounts for aircraft operators have been opened since January 2012, now also includes the accounts for stationary installations and personal accounts previously held in national registries. Users of former national registries will be able to use the single registry as soon as they receive their new authentication credentials from their national administrator.

Account holders will have to comply with increased documentation requirements and security features to access the transferred accounts in the single registry. Account holders will not be able to transfer any allowances until all necessary documentation requirements are completed.

National administrators and helpdesks continue to be the contact point and provide support to account holders.

Some functionalities required for phase 3 of the EU ETS as from 2013 are not yet included in the single registry activated today. The first software update will cover enabling phase 3 auctions, the new trading account type and a trusted account list. The scheduled timetable for the deployment of this first update will be communicated by 15 July.

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