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.

28 SEPTEMBER 2020 AL CIRCLE

Chevron secures contract from Alcoa Australia to supply more gas at Alumina refineries

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Chevron, the American multinational energy corporation has signed an agreement to supply a supplementary 37PJ (962mn m³) of gas sourced from the three LNG projects located offshore Western Australia (WA) to Alcoa's alumina refineries in the southwest part of the state, adding to an existing contract with Alcoa for 64PJ of gas.

Chevron secures contract from Alcoa Australia

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The Chevron gas supply contract is one of three sales and purchase agreements that Alcoa has signed with gas producers. Alcoa has signed three new gas SPAs, which together will supply 198PJ of gas to its WA alumina refineries, starting from 2024.

Alcoa said: “The agreements with Chevron, ExxonMobil and Australian independent Warrego Energy, coupled with existing gas contracts, will supply Alcoa's three refining operations in Western Australia over 10 years. The gas deals follow the agreements signed in December 2018.”

The gas from Chevron will be sourced from the three LNG projects in WA in which the US major has an interest, including the 15.6mn t/yr Gorgon LNG facility, the 8.9mn t/yr Wheatstone LNG venture and its sixth share in the 16.3mn t/yr North West Shelf (NWS) LNG plant operated by Australian independent Woodside Petroleum.

Warrego said: “Warrego signed a binding gas sales agreement (GSA) with Alcoa for the long-term supply of a total of 155PJ of natural gas from the West Erregulla onshore gas field in WA.”

“The agreement will start on 1 January 2024, subject to a positive final investment decision (FID) by Warrego expected in the first half of 2021, it said. The size and term of the GSA with Alcoa is such that Warrego does not need to secure additional GSAs to support the FID. This foundation contract with Alcoa will underpin gas-processing development and provide the foundation for Warrego to plan additional phases of development.”

Note to readers: AlCircle brings two-day event for aluminium industry players. We look forward to meeting you virtually at “Global Aluminium Expo 2020”on October 6-7, 2020. For registration, visit www.alcircleevents.com

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