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.

01 JUNE 2022 AL CIRCLE

Hydro Rein and GIG to build and operate wind & solar project for power supply to Alunorte alumina refinery

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Hydro Rein, a renewable energy solutions provider, and Macquarie Asset Management’s Green Investment Group (GIG), a specialist green investor, have signed an agreement to form a joint venture company Feijão. The company will build and operate a combined wind and solar power project, with a capacity of 586 megawatt, in the northeast of Brazil.

Hydro Rein and GIG to build and operate wind & solar project for power supply to Paragominas and Alunorte

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As per the announcement by Hydro, Feijão will supply 100 per cent of the electricity required by Hydro’s bauxite mine Paragominas and replace the usage of coal at Hydro’s Alunorte alumina refinery by 2030 to further reduce carbon emissions. Both Paragominas and Alunorte have signed a long-term power purchase agreement with Feijão under Brazilian self-production structure.

The hybrid wind and solar project is coming up at Piauí and Pernambuco, consisting of 80 turbines with a combined capacity of 456 megawatt in phase one. In phase two, the project will add 130 megawatt of solar power production.

Final investment decision for the wind farm is to be taken in the fourth quarter of 2022, while for the solar project in a later stage. Total capital expenditure for the former is estimated at US$700 million, to which Hydro Rein will contribute 49.9 per cent and the remaining by the Macquarie Green Investment Group Renewable Energy Fund 2.

Olivier Girardot, Head of Hydro Rein, said: “We are very pleased to play a part in developing more renewable energy in Brazil together with Green Investment Group. This project is an important milestone in the efforts to decarbonize Alunorte and an important milestone for Hydro Rein developing its portfolio of Brazilian assets.”

European Aluminium Industry: Focus 2022

Mark Dooley, Global Head of Green Investment Group, commented: “Brazil has vast potential for wind development, and we are delighted to be partnering with Hydro on this late-stage project. Hydro’s Brazilian energy market expertise and regional presence, combined with our global wind and infrastructure experience, make for a strong partnership that can provide a boost to Brazil’s supply chain and the region’s ambitions to engage with the global wind opportunity.

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