Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

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.

12 AUGUST 2016 AL CIRCLE

Future of Portland aluminium smelter uncertain over power contract termination

EDITED BY : DIPANWITA GUPTA 2MINS READ

Portland aluminium smelter’s future is hinged on the decision of one of its three owners- whether to terminate the supply contract it has with its power supplier or not, reported individuals who are aware of the developments in the Victoria plant. The decision, if taken, will put as many as 2000 jobs - direct and indirect at risk. Ripple effects of the closure are to be felt in a much promiment manner since the smelter consumes around 10 per cent of Victoria's entire electricity output.

The move follows the decision of the Victoria government earlier this year to not extend subsidies provided to keep the plant in operation. The fixed subsidy which is inplace since lat two decades expires in Novemberthis year.

News

There were speculations about the future of the aluminium smelter for several years now, initially in the wake of the strong Australian dollar and more recently due to the price for the output from the plant. AGL Energy, one of Australia's leading integrated energy companies providing electricity to Portland aluminium smelter from its Loy Yang A power plant in the Latrobe Valley, said it expects the other three owners will also move in favour of terminating their agreements.

The aluminium smelter complex is majority owned by Alcoa and its JV partner Alumina, with China's CITIC and Japan's Marubeni Corp, holding smaller shares.

AGL said the contracts are so-called 'hedging contracts' which were due to take effect from November 2016. The contracts have a 12-month termination period so they will actually finish in 2017.