Provision of Auctioning Services for EU Emissions Trading System (EU ETS) Emissions Allowances to Enable Compliance with the Northern Ireland Protocol (NIP)

The UK, as part of its withdrawal from the EU, has set up the UK Emissions Trading Scheme (ETS), which operates separately from the EU Emissions Trading System, and the majority of UK-based installations have transitioned into operating under this new scheme. However, relevant power generators in Northern Ireland will remain in the EU ETS under the terms of the Withdrawal Agreement and the Northern Ireland Protocol; as such, recognising the emissions of those generators, the UK is entitled to an allocatio...