Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

03 SEPTEMBER 2018 AL CIRCLE

Aughinish Alumina lobbies against a State-imposed energy levy

EDITED BY : BEETHIKA BISWAS 2MINS READ

Ireland’s Limerick-based Aughinish Alumina has begun lobbying against a State-imposed energy levy from which it received millions of euro up until 2016, labelling it unfair and a threat to investment.

The Commission for the Regulation of Utilities (CRU) now plans to cut the Public Service Obligation (PSO) levied on all electricity bills by 56 per cent from October. This will bring down the levy to €209.19 million from previous €471.9 million. The charge was levied on all homes and businesses in the State on their electricity bills and used to support renewable energy producers, such as wind farms and other plants.

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Russian-owned Aughinish Alumina received significant fund support from the same levy between 2006 and 2016. According to CRU data, the refinery was paid €13.7 million from the cash collected under the levy between October 2014 and January 2016. The fund was directed towards supporting an electricity-generating plant that the manufacturer built between 2003 and 2006.

The State agreed to support Aughinish’s power plant for 10 years in 2006 in order to secure energy supplies. The Government feared insufficient electricity-generating capacity may create problem for the country.

The CRU’s figures do not show how much Aughinish received from the levy in the years preceding 2014. However, in the 12 months from October 2013, both the aluminium maker and Tynagh shared €48 million.

Aughinish Alumina energy manager John Ryan pointed out that the company spent $130 million (€112 million) on its power plant. Mr Ryan notes that Aughinish paid €9.2 million in PSO levies over the last seven years. He argued that since the company uses electricity from its captive plant, it should not be subject to the PSO.

“This is an additional cost of doing business in Ireland, this cost cannot be passed on to our customers and this cost is not levied on our competitors,” he says.

He added that if aluminium is considered as a strategic commodity in EU, governments should not hit producers of this material with extra costs or hidden taxes in order to support renewable energy. This will compel producers to invest elsewhere. Aughinish submitted a similar protest against the PSO last year.

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