A review of CCA23 John Huddleston 27 April 2007.

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Presentation transcript:

A review of CCA23 John Huddleston 27 April 2007

Operation Pre February 2007 CCA10 submission Submission of CCA23 Annex 1 data Further guidance on CHP CCA10 submission Calculation at facility level Calculation at sector level

Sector correction for trading and double counting R146 is ‘=SUMPRODUCT(R13:R133,N13:N133)’

Results No of TUs involved 139+ No of sectors involved 23 Net amount of EU allowances (EUA) in corrections 3,634,000 causing a tightening in CCA targets Total EUA resulting in an easing of targets 198,000 Total EU resulting in a tightening of targets 3,832,000 Number of TUs cancelling allowances to avoid a double counting correction 4 Allowances cancelled 46,000

Results - TUs and size of target changes

Results CO2 by percentage change

Results – pass/ fail by TU indication To be advised

Conclusions The CCA23 approach provided an accurate method of correcting for double counting With further guidance, if the CCA23 method is used for future milestones, the process will be much smoother.