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.

26 MAY 2021 AL CIRCLE

Hydro teams up with Equinor and RWE for Norwegian offshore wind area

EDITED BY : HEENA IQBAL 2MINS READ

Hydro REIN has teamed up with Equinor and RWE Renewables for offshore wind in Norway. The three companies have signed a collaboration deal to jointly prepare and submit an application to the Norwegian authorities to develop a large-scale bottom-fixed offshore wind farm in the Sørlige Nordsjø II area in the Norwegian North Sea.

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The Norwegian Ministry of Petroleum and Energy, which recently has opened two areas for offshore renewables (Utsira Nord and Sørlige Nordsjø II), is now working on the licensing process for offshore wind power projects in Norway.

“The North Sea has among the world’s best wind resources. A large-scale offshore wind farm at Sørlige Nordsjø II could play a key role in expanding the North Sea as an offshore energy hub and create new industrial opportunities for Norway as an energy nation. Between Equinor, RWE, and Hydro we have the industrial capabilities, from the turbine to the consumer, to create value and supply renewable power to Europe,” said Equinor’s Executive Vice President, New Energy Solutions Pål Eitrheim.

The Sørlige Nordsjø II area has a potential to deliver enewable energy to countries aiming to transform their energy mix. EU and the UK had explained ambitions for 300 GW and 100 GW respectively of offshore wind capacity by 2050 to reach their net zero ambitions.

Anja-Isabel Dotzenrath, Chief Executive Officer RWE Renewables, said: “Offshore wind is key for meeting the increasing demand for renewable power, supporting local industries and creating new, future-proof jobs. We will bring our 20 years of experience and expertise in the offshore industry together with our partners Equinor and Hydro to contribute in delivering Norway’s offshore wind ambitions.”

“Offshore wind will be an important component in the future energy mix to decarbonize Europe and reach the 2050 targets. For Hydro, this cooperation is part of our strategy to diversify and explore growth opportunities in new energy. Through Hydro REIN, we bring our industrial capabilities and energy markets knowledge to the partnership, and we are happy to cooperate with RWE and Equinor. Together, we form a strong partnership for developing Sørlige Nordsjø II,” said Hydro Energy’s Executive Vice President, Arvid Moss.

Equinor and RWE have already developed large offshore wind infrastructure projects. They have jointly developed the 385-megawatt Arkona offshore wind farm in the German part of the Baltic Sea.

Hydro’s participation in the partnership brings extensive experience in large-scale project execution, industrialization, and power market optimization.

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