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.

02 DECEMBER 2024 AL CIRCLE

Hydro collabs with Axpo Nordic in a long-term power supply contract proving its actions towards zero emissions commitment by 2050

EDITED BY : PRATYUSHA CHATTERJEE 2MINS READ

Hydro Energi AS has signed a decade-long power purchase agreement (PPA) with Axpo Nordic, where the latter will deliver 263 gigawatt-hours per annum to Hydro’s Norwegian aluminium plants starting from 2026 and throughout the subsequent 10 years.

Hydro collabs with Axpo Nordic in a long-term power supply contract proving its actions towards zero emissions commitment by 2050
Image Source: https://www.flickr.com/photos/norskhydro/albums/

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The 2026 to 2035 contract calls for a cumulative supply of 2.63 terawatt-hours of electricity to aluminium and renewable energy corporation Hydro, wherein Axpo will provide electricity to Hydro in the Swedish price area SE2.

Long-term contracts are not just a necessity, but a strategic move for Hydro to maintain its leadership in global low-carbon aluminium production. The role of renewable power in this endeavour cannot be overstated. It plays a pivotal role in producing aluminium in Norway, with a carbon footprint of about 75 per cent less than the global average. This is a clear indication of the potential of the industry and is key for Hydro to succeed with its technology roadmap towards zero emissions by 2050.

Hydro is not just waiting for the future, it is actively shaping it. The long-term contract with Axpo Nordic is just one part of Hydro’s Nordic power portfolio, which comprises of captive power production of 9.4 terawatts-hours a year and a long-term contract portfolio of around 10 terawatts-hours. With its existing long-term agreements beginning to expire at the end of 2030, Hydro is actively seeking available prospects to meet the demand for renewable power in its operations.

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