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.

27 SEPTEMBER 2018 AL CIRCLE

Iceland aluminium export records a growth of 6% in Q1 2018

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Alcoa, Century Aluminium, and Rio Tinto Alcan are the three notable aluminium smelters in Iceland. In the year 1969, Iceland started producing aluminium in Straumsvík (South Coast). During the first year, the production capacity was at 33 thousand tonnes, which currently is at 850 thousand tonnes (including both aluminium non-alloy and alloy) every year on average. The country exports a lion share of its production, accounting for 14 per cent of total exports of goods and services, as of Q3 2017.

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The below graph shows the growth of Iceland’s aluminium and aluminium products export over the years:

According to the global export-import data, the estimated aluminium export from Iceland in Q1 2017 was at 188,522 tonnes, 12 per cent up from the estimated volume of 167,815 tonnes in the contemporary period of the previous year. In the first quarter of 2018, the estimated amount of aluminium export from Iceland grew further to 200,663 tonnes, 19 per cent up from Q1 2016 and 6 per cent up from Q1 2017. This shows that the aluminium export from Iceland grew in the first quarter of the past three years.

As far as the revenue is concerned, Iceland likely earned around US$ 322 million in Q1 2018 from its aluminium export.

The Netherlands, the United Kingdom, Norway, Switzerland, and the Czech Republic are the few importers who secure aluminium from Iceland. Among them, the Netherlands is expected to procure the highest amount this year at approximately 790,527 tonnes, followed by the United Kingdom (53671 tonnes) and Czech Republic (11858 tonnes).