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.

27 MARCH 2018 AL CIRCLE

Century Aluminum denied permission to buy electricity from the open market

EDITED BY : BEETHIKA BISWAS 2MINS READ

Century Aluminum made a second attempt to get power rate relief from the S.C. General Assembly for its Mount Holly smelter and failed again. The company has a few months left before it will have to close the plant and its 300 jobs.

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The public utilities subcommittee of the House Committee on Labor, Commerce and Industry last week voted 4-2. The negative vote stopped Century from buying all of the electricity for its Berkeley County operation from the open market. Century currently gets 75 per cent of its power from open market and other 25 per cent from state-owned Santee Cooper.

Century's current contract with Santee Cooper expires at the end of this year. Mike Bless, the president and CEO of Century said Mount Holly needs to start negotiating its open-market power deals by summer. However, if they remain bound to purchase one-fourth of its electricity from Santee Cooper, they would not move ahead.

Bless added that Santee Cooper's high power rates are making operations difficult at the Mount Holly plant. Arrington said the company pays Georgia utility Southern Co. about $35 per megawatt hour as open market rate and pays Santee Cooper about $60 for the same amount of power.

On the other hand, Santee Cooper says it must charge Mount Holly for 25% of its power needs to cover the costs of transmitting electricity to the smelter. Otherwise the utility's other customers would have to pay the cost of subsidizing the aluminium maker.

Century previously cut Mount Holly's production and jobs by 50% and Bless said they would accommodate the rest in the Kentucky smelters, which have lower electricity costs and stand to benefit from import tariff plans imposed by President Donald Trump.

The power dispute between the two parties has been running since the opening of the plant. The current contract with a 75-25 split was agreed upon by both sides in 2012, and Santee Cooper says its concessions have saved the smelter $153 million till date.

Last year, Century Aluminum filed a petition in court in order to resolve the power dilemma, but, a federal judge in Charleston rejected the manufacturer's claims that Santee Cooper violated anti-trust laws.

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